Foxtons and the Rent Renewal Clause

The Judgement in the OFT v Foxtons considered the standard term contract between Foxtons and the Landlord.  The clause which was the typical wording of the clause is set out below.  It must be remembered that since the test case Foxtons have altered their standard term contracts.

"1.0 Introduction of Tenant
1.1 In the event that  Foxtons  introduces a tenant who enters into an agreement to rent the landlord's property, commission becomes payable to  Foxtons  Ltd. (Please see 6.3 regarding outstanding fees). The commission fee is payable on or before the commencement of the tenancy and upon any extension(s), renewal(s) or hold-over(s) thereof, and for any further periods for which rental income is received (hereafter referred to as renewal commission, see 2.14 below), whether or not negotiated by  Foxtons . The scale of commission fees charged is as set out on pages 1 and 2.
1.2 The commission is payable for any tenant introduced to the property by  Foxtons , whether or not the tenancy is finalised by  Foxtons . The commission fee is charged as a percentage of the total rental value of the agreed term as specified in the tenancy agreement or where the tenant extends and/or holds over indefinitely, commission will be payable for the same period as the initial agreement, subject to clause 1.5 below.
1.5 If the landlord or tenant terminates the tenancy agreement prior to the end of the tenancy term, and if in accordance with any break clause contained in the tenancy agreement at the time the agreement was executed,  Foxtons  will refund the commission for the remaining period of the tenancy. The commission will be refunded within 14 days of the tenant vacating the property."

Are Your Rent Renewal Contracts Similar or With Foxtons?

If so why not contact us to see if you have any right to claim back your rent renewal fees and commissions plus interest.  We have already won in court on two occasions and we could help you too all under a no win no fee basis.

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