My DW and I have been renting the same property for nearly six years. Recently a number of properties have been purchased by a larger agency which seemed fine as the rent hadn't increased (yet). Suddenly out of the blue the new agency is attempting to changing me for a renewal fee of £125 plus VAT for the lease. With our old agency we never had such a charge and to be honest times are very tough financially at the moment. Can they actually do this??? I'm sure any contract I signed didn't include such detail.
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