Can anyone quote exactly how much reletting fees tend to be?

Camel310

Or if anyone has experienced paying them?

We need to leave our tenancy early and I know the standard ask is to pay reletting fees - just wondering on average how much these tend to be 

saajan_12

Camel310 said:

Or if anyone has experienced paying them?

We need to leave our tenancy early and I know the standard ask is to pay reletting fees - just wondering on average how much these tend to be 

Would expect something like
a.  rent until the date a new tenant's tenancy starts
b.  cost of an extra check out & check in
c.  cost of an extra deposit protection fee
d.  agent fees to find tenant, draft contracts, check references

Min of (a + b + c + d) and the rent for the rest of the fixed term

Slithery

As you were told in your thread a few days ago there are no standard fees. The LL can ask for whatever they wish and you either agree or keep paying rent until the end of the tenancy.

https://forums.moneysavingexpert.com/discussion/6365543/sure-ending-a-tenancy-early

MaryNB

Slithery said:

As you were told in your thread a few days ago there are no standard fees. The LL can ask for whatever they wish and you either agree or keep paying rent until the end of the tenancy.

https://forums.moneysavingexpert.com/discussion/6365543/sure-ending-a-tenancy-early

In England and Wales they cannot ask whatever they want, there are restrictions in the Tenant Fees Act 2019. Of course if the landlord is not happy with this restriction they can just refuse to end the tenancy if they don't want to. There may not be a max fee noted in the Act but they can only charge for costs incurred. If they only pay the agency £500 in fees, they cannot charge the tenant £1000 to cover the fee. 

Camel310

MaryNB said:

Slithery said:

As you were told in your thread a few days ago there are no standard fees. The LL can ask for whatever they wish and you either agree or keep paying rent until the end of the tenancy.

https://forums.moneysavingexpert.com/discussion/6365543/sure-ending-a-tenancy-early

In England and Wales they cannot ask whatever they want, there are restrictions in the Tenant Fees Act 2019. Of course if the landlord is not happy with this restriction they can just refuse to end the tenancy if they don't want to. There may not be a max fee noted in the Act but they can only charge for costs incurred. If they only pay the agency £500 in fees, they cannot charge the tenant £1000 to cover the fee. 

Yep exactly what I thought - you can also ask them for proof of invoices so not sure what this person is on about lol. 

Camel310

saajan_12 said:

Camel310 said:

Or if anyone has experienced paying them?

We need to leave our tenancy early and I know the standard ask is to pay reletting fees - just wondering on average how much these tend to be 

Would expect something like
a.  rent until the date a new tenant's tenancy starts
b.  cost of an extra check out & check in
c.  cost of an extra deposit protection fee
d.  agent fees to find tenant, draft contracts, check references

Min of (a + b + c + d) and the rent for the rest of the fixed term

Thank you - you mean we will have to pay rent even when a new tenant moved in?

Robbo66

A Landlord can charge you their relet costs that they would have to pay the agent. if an agent charges a months rent plus vat then you can be charged a months rent + vat, if the inventory and checkout are charged extra then yes you could also be charged that

Grumpy_chap

saajan_12 said:

Would expect something like
a.  rent until the date a new tenant's tenancy starts
b.  cost of an extra check out & check in
c.  cost of an extra deposit protection fee
d.  agent fees to find tenant, draft contracts, check references

Min of (a + b + c + d) and the rent for the rest of the fixed term

I don't think it should be that high:

a - rent until the new tenant moves in or the notice period / fixed term expires at the worst case.  

b - no extra costs here.  The tenancy will end at some time, so a check-out required and a new tenant will move in at some time so a check-in required.  BUT There is no increase in effort and nothing to charge as extra.

c - no extra costs here.  At some point there will be a new tenant and that deposit will need protecting

d - again, no extra costs here.  At some point the new tenant will need to be found.

Certainly not all of the above PLUS rent to end of term.

Camel310 said:

Or if anyone has experienced paying them?

We need to leave our tenancy early and I know the standard ask is to pay reletting fees - just wondering on average how much these tend to be 

OP - when does your current tenancy fixed term expire and what are the T's&C's around ending the tenancy?  Does the fixed term include a break clause?  What is the notice period?

Why do you need to move property earlier than expected?  If this is for some external reason, e.g. employer relocation, you may be able to ask for the costs to be covered.  Just a thought.

canaldumidi

Duplicate posting is against forum rules.PLease stick to one thread....

https://forums.moneysavingexpert.com/discussion/6365543/sure-ending-a-tenancy-early