It is therefore often not necessary to renew a lease. Sometimes there is a valid reason to extend an agreement, but the most ruthless agents will try to insist on an extension of the lease. This is a simple form of additional income and often totally useless for the agent. Hello, my contract expired in July and the agent only contacted me in October to renew it. They gave me an extension which is postponed to July and charge me £99 for the extension. When I questioned this, they said I had 2 options, that I accepted the demoted contract and paid £99 or that I left regularly and risked the rent being paid. Owners who opt for this option of course avoid the cost of renewing the rental. However, owners who choose this option must exercise due diligence to ensure that the downloaded agreement is up to date. Yes, you are! As a result, rental lessors can only charge the rental renewal fee, so the problem now is that rental agents have to recover their losses from somewhere; Charging tenants a renewal fee was a very lucrative cashcow for agents. You cannot claim the rent you have to pay, because it is contractual, you may have to pay the advertising fee if they advised you saying that you could leave prematurely, but you may be entitled to the storage fees, etc., if you can prove that this is only due to an early evacuation. It doesn`t cost you anything to try.
While we were talking about it, another employee said she learned about it with another officer. In her case, her landlord chose to believe her agent and not her tenant, and since she loves her home, she is forced to renew her lease every year in exchange for a price. Often, this extension fee is exactly the same as the original fee. Savills, for example, calculates 15 percent vat included of the rent taken for its „rental, renewal and rental receipt.“ This must be paid in full at each renewal. Renewal fees for lease advertisers for new leases have been prohibited from 1 June 2019 under the Tenant Fees Act 2019. It applies to Assured Shorthold Tenancies and applies to fees charged to the tenant and its tenants. While they initially targeted rental agents considered to be the biggest perpetrators of the practice of collecting renewal fees, the legislation has been expanded to now include landlords. Hello, well, we signed a contract to pay 240 for the extension, this is the first time we went through the agency (Alex Neil – with the worst experience, please, guys, if you can, don`t go with them), we`re going to renew them, can we challenge them not to put these renewal fees in the contract? What needs to be done cannot be undressed right now.
I think in Dolores` case, the agent is trying because he`s about to lose his client: the old „You can`t keep the tenant we found you“ routine won`t really hold up after six years, so they try to cover the other end by prematurely forcing the tenant to a new deal. Where is the requirement to pay a tax? The new agreement, which has not yet been agreed, therefore does not provide for fees. As Ray says, talk to the organ grinder, not the monkey! Scotland.. . .