Letting agent fees when renting

Guest2 · 13 May 2015 at 19:38

We are currently looking to rent and it seems the fees vary from agent to agent.

We paid £130 fees per tennant a few years ago with flats in leeds. Morgans charge £114 per tenant fees plus a month rent to taje the property off the market then a deposit of a month + quarter just before moving in.

Bridgefords lettings the fees are £300 per tenant.

How the these fees vary so much. Someone at bridgefords explained that the £300 per tenant included a moving in and end contract fee or something which i have never even heard of. Do they make up these fee amounts?

Guest2 · 13 May 2015 at 20:35

GeX said:
They make them up, I was asked for a renewal fee at the end of my last 12 month tenancy, said no - I'm not paying that. No mention of it since.

Really, that's just taking the ****!

Guest2 · 13 May 2015 at 23:06

ADT said:
These fees are made up from thin air. They charge hundreds for referencing too when in reality it's like £15.

What is 'referencing'? Surely proof that you work and word from previous landlord is good enough

Guest2 · 16 May 2015 at 16:03

I have just found out that Flats in Leeds (who we used to rent our current property for around £130 total fees per tenant) has been taken over by Bridgfords who charge £300 per tenant.

Its going to feel like a massive kick in the teeth paying £600 in fees. This actually adds £50 a month to the rental cost over the year

Guest2 · 16 May 2015 at 20:21

Sounds like cutting your nose off to spite your face.

But yes, i don't like feeding the parasites. However I don't like sleeping with them either!

Guest2 · 19 May 2015 at 19:19

dneill2006 said:
I'm in the process of renting an apartment over here in NI, estate agent fees were only £60.

Estate agents over here only seem to charge £30-£60 from what I've seen while searching.

£30 - £60 fees :eek:

Where are you renting? I expect if you were to rent somewhere that costs £500 PCM instead of £1500 PCM the fees would have to be a lot lower