Paying a letting fee - Rights?
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Topic: Paying a letting fee - Rights?
Posted By: BuzzyBee
Subject: Paying a letting fee - Rights?
Date Posted: 12 December 2008 at 10:29am
I've been told I have to put $270 letting fee down for this place, which I have no problems with because I can understand they need some money as an indication that we WILL be moving into the place, and to hold it for us etc
But my WINZ appointment isn't until Monday morning first thing, my Dad says that he doesn't think it sounds right that I should be putting money down on the place when I haven't got the approval from WINZ just yet (which is understandable- I can see his side of things) ...but at this stage I'm meant to be moving in later next week but we are looking at seeing if i can wait until after xmas/but before new years (im guessing this is where the letting fee would be required to hold the place for us).
Anyone have experience in this field or know what my rights are in regards to paying it ...I have the money (only just) and Im 99% sure everything will be ok with WINZ but when you think about it - its kinda like putting a downpayment on a car before being approved for finance
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Replies:
Posted By: McPloppy
Date Posted: 12 December 2008 at 10:43am
What agency are you going through? The letting fee is the letting agents cut for letting the place.
I would wait till you get approval from WINZ. Jeust explain it to them that you can pay them on Monday when you get approval as I am sure they would want someone moving in who can pay rent rather than be "stuck" with someone who cannot.
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Posted By: NeoshasMummy
Date Posted: 12 December 2008 at 10:47am
Yup, they should be happy to wait until Monday it's only a couple of days anyway.
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Posted By: peanut butter
Date Posted: 12 December 2008 at 11:43am
your letting fee is just that a fee...Its how the agent makes money. It doenst go towards your rent or bond etc...... you may also have to pay rent in advance for that. It all adds up quickly
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Posted By: BuzzyBee
Date Posted: 12 December 2008 at 1:33pm
Yeah you're right Nikki, it sure does. Well I've got the letter with all the fees, bond and rent in advance etc for WINZ.
I rang and spoke to the agent, asked lots of questions and she said i don't have to pay the letting fee until after I get the approval from winz and have had another look inside the place and showed Dad around it to get the OK from him. She's being very flexible and understanding which is fantastic.
Thanks ladies for the heads up though
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