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Property/DIY

Rental admin fees

2 replies

ant3nna · 21/07/2011 17:38

Anyone know what a typical admin fee for renting a flat is? I've called round a few local letting agents (Basingstoke) to get an idea and some of them wouldn't even tell me up front! The agents for the flat I was is charging £360 for credit checks (for me and a guarantor) and setting up the tenancy which I thought was extortionate, is this about right?

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MindtheGappp · 21/07/2011 17:39

When we rented out our house, the agent took 12%, IIRC.

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RitaMorgan · 21/07/2011 17:41

We've just had one for £250 for two people - another wanted 33% of the monthly rent.

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