Estate/Letting agent fees

Hitch · Post by **Hitch** » Tue Jan 22, 2008 11:38 pm

Went to look at a house this afternoon, a private rent through an agent.

Made me cough when he was explaining the fees they charge!

£100, towards the setup, plus £75 per applicant for refrences, then a further £60 checkout fee for the end of the contract.
Everytime its rewnewed, another £60

Then if a guarantor is required, a further £50 refrence fee for them.

Then plus one months rent in advance, then one months rent plus 100 for the deposit.

So if we get it, i need to give them well over £1200

Post by **ultimatehandyman** » Tue Jan 22, 2008 11:54 pm

What a rip off

Hitch · Post by **Hitch** » Wed Jan 23, 2008 12:01 am

The deposit is fair enough, and the months rent in advance is the same as paying next months rent anyway i suppose.

Still, it has a garage, and space for 3 cars

Gar-age, Gar-age, Gar-age

Hoovie · Post by **Hoovie** » Wed Jan 23, 2008 7:50 am

What agency is that with?

I rented a place down here when first moved down and not sure if I paid anything other then a month up front as a deposit, plus the month rent in advance.

Maybe a credit check fee of £100, but nothing else?

Telmay · Post by **Telmay** » Wed Jan 23, 2008 10:01 am

They are thieving gits for sure, I had to put down a deposit of £950, plus two months rent, two bed flat with garage £625, and thier fees which came to £180, and now my first 6 months is up they want £60 just to re-issue another 6 moth lease. Have spoken to the owner direct and between us we have agreed a 12 month contract so it will save some money.

peter c · Post by **peter c** » Wed Jan 23, 2008 12:57 pm

Estate agents are thieving barst**ds. When we moved here I used two agents to sell the old house and because they had both been sole agents at different times they both tried to claim full fees. The people that bought our house had seen it through the first agent and then bought it through the second one.

A couple of letters from my solicitor soon put the agents right and I deducted the briefs fees from the agents commission.

Peter C

Hitch · Post by **Hitch** » Wed Jan 23, 2008 10:22 pm

Its Palmer Snell, dont thing they have them down your way hoovie.
Fellout with them once before

Our current house, is through the the builders, they have a dedicated rental side. Just deposit and month in advance. Job done.

owen · Post by **owen** » Wed Jan 23, 2008 10:47 pm

hitch letting agents are no better for landlords, last year i had to pay 12.5% of the rent (+vat on top), + half a months "finders fee". It amounted to about £1800 over the year.

And for that, they do f*ck all. If the tenant doesn't pay, tough, your problem. If they can't find anyone to rent it, tough, your problem. And they hold the deposits so are making the interest on that. Robbing bastards

Hitch · Post by **Hitch** » Wed Jan 23, 2008 11:00 pm

I wondered that Owen.

I might see if i can go direct with the owner once weve been there for a while

owen · Post by **owen** » Wed Jan 23, 2008 11:44 pm

that's they way forward hitch, i manage both mine myself and it is much better, for the tenants as well i think as i am regularly there checking everything is ok etc.