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Renew lease - agency fee

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  1. #1

    Join Date
    Dec 2015
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    52

    Renew lease - agency fee

    Hello,

    I’m planning on renewing my lease with the landlord. I got the apartment through an agency and I have been dealing with them instead of the landlord, which I assume is normal.
    The landlord wants to charge a 1000 more. If I agree to it and renew the lease. do I have to pay the agency fee again?
    any information on this would be great.
    Thanks in advance


  2. #2

    Join Date
    Apr 2012
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    no, you shouldnt have to pay them again. They already got a good dip in the first place.


  3. #3

    Join Date
    Aug 2009
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    2,711

    But only if you don't use them for the renewal. Else I would ask them upfront


  4. #4

    Join Date
    Dec 2002
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    薄ꉶꞗ
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    If the agent is handling the renewal, then you may have to pay - best to check.

    Having said that there is no real reason to involve an agent in an existing tenancy. Who is handling the renewal? Are you speaking / negotiating with the landlord or is the agent doing this?


  5. #5

    Join Date
    Apr 2003
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    Quote Originally Posted by shri:
    If the agent is handling the renewal, then you may have to pay - best to check.

    Having said that there is no real reason to involve an agent in an existing tenancy. Who is handling the renewal? Are you speaking / negotiating with the landlord or is the agent doing this?
    the landlord often has the agent handle the renewal 1) as a favour to the landlord but also 2) the agent likes to keep in contact with LL. And it is no cost to either. Personally, i have never been charged for renewal in 20+ years.
    shri and TheBrit like this.

  6. #6

    Join Date
    Aug 2011
    Posts
    7

    No Agency fees is required. You just deal direct with the landlord. but you must pay stamp duty from both parties.


  7. #7

    Join Date
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    Quote Originally Posted by bananas:
    ...but you must pay stamp duty from both parties.
    rubbish, each pays 50%

  8. #8

    Join Date
    Feb 2011
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    There is no law on each party pays 50% of the stamp duty, however it is normally shared equally between both parties. Whilst the responsibility by law is jointly and severally by both parties as well.

    traineeinvestor likes this.

  9. #9

    Generally, you should not have to pay any fee on renewing a lease. None of the agents I have worked with charge for helping on renewals.

    MandM1 is correct. Responsibility for stamp duty is negotiable but (in my experience) is almost always shared equally.