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Huge remarketing fee?

PaulJones77
Posts: 6 Forumite

We where househunting towards the end of our tenancy and the agents where aware we wanted to move. Unfortunately we where having no luck as properties where going instantly. So we felt we had no choice but to re-sign a new contract or face homelessness. We did manage to negotiate from the two year they pushed for to one year with a six month break clause. However, the week we signed we where accepted for a house we loved. On good terms with the Landlady, we called her and she agreed to release us once they had a new Tennant. We moved out and the agent has a new tenant ready to move in. Now the agents are demanding £700 remarketing fee. Surely this can't be right??
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If you've moved out and the new tenant hasn't moved in. Then the LL is suffering a financial loss of a lack of rent and the cost of finding a new tenant. Contractually you were on the hook for far more than £700. Rarely in business life are there free lunches. Did you discuss with your LL the finer details?0
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Your mistake was signing a new contract, there was no need at all to do that. Your tenancy was not ending, it was the fixed term that was coming to an end and the tenancy would just have become a rolling tenancy. It would have given you ages to find somewhere to live as the landlord would have had to serve you the correct notice. The landlady and agent have stitched you really and now you are in this position. What does your tenancy agreement say about fees if you are released from a fixed contract early?
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They told us we couldn't have a rolling tenancy and had to sign a contract?0
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There was no lack of rent to the landlord as we continue to pay rent until a new tenant moves in, even though the property was vacant0
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Hoenir said:If you've moved out and the new tenant hasn't moved in. Then the LL is suffering a financial loss of a lack of rent and the cost of finding a new tenant. Contractually you were on the hook for far more than £700. Rarely in business life are there free lunches. Did you discuss with your LL the finer details?0
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PaulJones77 said:They told us we couldn't have a rolling tenancy and had to sign a contract?They lied. However that is water under the bridge.How much is the monthly rent? An agent fee for a tenant find of one month rent would not be unusual. The terms of early release should really have been agreed in writing but again, too late now.
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PaulJones77 said:They told us we couldn't have a rolling tenancy and had to sign a contract?0
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swingaloo said:PaulJones77 said:They told us we couldn't have a rolling tenancy and had to sign a contract?0
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But in your opening post you said that you had signed for another 12 months?
Qhat has your landlady said about you paying £700? The agent works for the landlady so she should be in control.0 -
If you've signed a new contract you will have to pay to break the lease. If you haven't signed your new contract then you're month to month and don't need to pay anything.An answer isn't spam just because you don't like it......1
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