Property News · August 23, 2015

Need to find a ‘cheap’ London flat? Beware the agents asking for upfront fees


By offering to ‘relocate’ you, rather than letting you a property, companies get round the rules their rivals must stick to. Emma Lunn reportsHousing experts are warning tenants to think twice before using “relocation” or “appointment-making” agents who charge tenants an upfront cash fee just to look around budget flats in prime postcodes in London.Relocation agents who deal with wealthy clients have been around for years, typically sourcing properties for cash-rich, time-poor executives relocating to a different part of the country. As well as finding potential properties, they negotiate tenancy terms, often help with a family’s educational requirements, and even sort out the logistics of the move. Continue reading…

Source : theguardian.com
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