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re-sign fees

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john.f | 14:28 Wed 28th Jan 2009 | Property
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i have recently been charged a re-sign fee of �50 the is nothing in my old contract mentioning this fee and there is nothing in the new contract to say wot it is or wether i have to keep paying this fee is this legal and do i have to pay it ?
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Youre not giving many clues here.

A re-sign fee for what exactly?

(plus, some punctuation makes a posting easier to read)
-- answer removed --
I presume this is a tennancy agreement?

I've rented many properties and have never heard of this!?
I would contact citizens advice as maybe they do have the right to do it, but like say I've never heard of it.

If citizens advice say ok, then I would maybe say can't afford it and negotiate a bit lower. Sounds liek an easy way to get more moeny off you!
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yes it is a tennancy agreement they said if i want to renew my tennancy i have to pay �50 i have rented lots of properties and i have never herad of this also i didnt pay this fee when i signed the first agreement an there is nothing in any of the contracts that even mentions this fee .
They are becoming more common especially by agencies looking to make some extra money by way of admin fees.

It's a weigh up as to the certainty you want really. You can hold over on the tenancy, ie keep going from month to month on the same terms or negotiate a new fixed contract for another certain term where you are contracted in until the end of that term.

My old agents offered this when our initial 6 month term was up but we opted to hold over so we could leave when we wanted subject to the notice period and weren't tied in for say another 6 months.

I guess it works both ways, you only have to be given say a months notice to leave as well when holding over.

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