As, at least where I live, you need to sign on the day to get a decent place. No time for haggling with them for anything.
I tried to haggle, and was told it's not the done thing, and like it or lump it!
As, at least where I live, you need to sign on the day to get a decent place. No time for haggling with them for anything.
The fee covers all the admin, viewings, faff, etc etc, rightly or wrongly.
A system similar to selling your own house wouldn't work because primarily that cost saving is due to owners conducting their own viewings. Who's going to do the viewings on a residential let? The owner may not have the time, may not live locally, or may have a number of properties all for let at the same time.
In the process of helping my GF find a new house/flat closer to work, and some of the fees the agencies are charging are eye-watering.
Seems to be a standard 30-40% of the rent + VAT and in some cases additional fees on top as well. Totalling ~£4-500; that's almost as much as solicitor's fees for buying a house!
When did they get so high? Last time I rented it was about £250 for 2 people!
How on earth can they justify charging so much for printing a tenancy agreement? (and they're probably charging the landlord a fortune as well...)
Can anyone recommend a letting agency in Bristol that doesn't charge the earth for 10 minutes of admin?
Isn't that what the landlord pays XX%/month for?![]()
They are in business to make money, so why not negotiate with them
I hope you're not looking at CJ Hole?
http://www.theguardian.com/money/2015/apr/10/bristol-tenants-plan-demo-letting-agents-rent-rise
Try gumtree for a Landlord that doesn't use an agent, maybe?
Agencies charging fees to the tenants? When I last rented, I wrote the deposit cheque, gave them my employment details, and that was that.