So I am not to experienced dealing with letting agents, their reputation for lack of morals has me avoiding contact if necessary. I have an agent who intends to charge me a relisting fee of 400 pounds if I were to end my contract 2 months early. Yes it is legal in the contract as per their outlined conditions.
"If the tenant vacates the premises during the term apart from according to any agreed break clause which is included within the agreement the tenant will remain liable to pay the rent and any other monies payable under this agreement until the term expires; or the premises are relet whichever is earlier.In addition an administration charge of £400.00 (inc. VAT) will become immediately due to cover the landloard's cost of remarketing, reletting and administration costs. Please note that this early termination must be agreeable with the landlord."
So it looks like they have me by the balls there.
Upon closer inspection I see that in the shorthold tenancy agreement I also find the following:
The tenant shall pay to the Landlord or the Landlord's agent *NAME REDACTED* by way of rent the amount of £550 per half yearly by Bank Standing Order to: *NAME REDACTED*.
So I am paying £550 per month, but they say per 6 months/half yearly. Am I legally only obliged to pay £550 every 6 months?
Many thanks from a destitute university graduate.