• From This is Money:

    It transpires that a couple have put down the deposit with a view to moving in. Do we still have to pay the outstanding rent for the remaining two months? Also, is it not right that only the landlord pays a finder’s fee to the agent? L.V., Hastings East Sussex
    It is standard that you would need to pay the rent in full to the end of your term if an alternative tenant cannot be found. However, if a tenant is found who can move in and pick up the rental payments as soon as you leave then there should not be an issue. Regarding the finder’s fee, this is not a standard condition so you do need to check the original agreement you signed when moving in and if it is included then I’m afraid you will have a legal obligation to pay it. If, however, it is not included in your original contract then I would certainly challenge the right of the estate agent to make you pay that fee….

    Click to read the full article »

    Posted by Jon @ 4:02 am

Leave a Reply

Your email address will not be published. Required fields are marked *