Thursday, June 13, 2013

Letting agents accused of charging twice

Shelter accused letting agents of double charging, saying many agents charge both landlords and tenants for setting up tenancy agreements.


Campbell Robb, chief executive of Shelter said: “We are against fees to tenants because they are already charging the landlords. This is a dysfunctional market. It doesn’t work anywhere else where you get paid twice, effectively for the same service.”

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1 comment:

  1. Jeffrey Shaw, soliciotr with Nether Edge LawJune 14, 2013 at 12:34 PM

    The Agents' practice is wrong. Here's why:
    1. The Landlord (L) enters into two Agreements:
    a. one with the Letting Agent (A), the Agency Agreement; and
    b. one with the Tenant (T), the Letting Agreement.

    2. A has just one contract- the Agency Agreement- and it's with L. Significantly, T is not a party to it.

    3. So T has no obligations to A- esp. no obligation to pay A's fees in acting for L.


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