Tenants – be
warned agencies cannot charge you for referencing!
June 2019 is D-Day for the lettings industry with new regulation in force to
prevent agents charging tenant fees. The new legislation will mean that
agencies and landlords alike cannot charge for referencing of tenants, contract
preparation to name a few services that are completed. Loveitts have a detailed
fee schedule for reference, this being
Barnes, Director of Loveitts, has urged tenants to read up on the new
tenants it is important that if you do find the
perfect property for you with us, than speed is of the essence with information
provided promptly to us as agents.
Gather all the information you’ll need in advance so that when
the time comes to complete the application and referencing, everything is to
hand and you’re ready to go. This may simply be the details of all the tenants’
referees (employer, previous landlord and bank) including names, address and
able to immediately pay the initial monies as a reservation fee will show your
commitment to the property and once successful that will be put forward as rent
for the first month’s rent.”
If you have any further information do not hesitate to contact
the lettings team at Loveitts and we can assist with your query.