NewStats: 3,265,127 , 8,185,744 topics. Date: Friday, 13 June 2025 at 03:04 PM 3t6z26n4mk |
Lagos Advocates Rent Reduction, Declares Caution Fee, Inspection Fee Illegal (12600 Views)
(1) Go Down)
adenigga(m): 4:09am On Apr 26 |
The Lagos State government has charged the leadership of the Nigerian Institution of Estate Surveyors and Valuers, Real Estate Developers Association of Nigeria, and Association of Estate Agents in Nigeria to the drive to reduce the rent burden on Lagosians and shun the prevalent illegal fees in the real estate business.Source: https://leadership.ng/lagos-advocates-rent-reduction-declares-caution-fee-inspection-fee-illegal 9 Likes |
JASONjnr(m): 4:53am On Apr 26 |
Some people have stopped working.... they are into ful time house-agent job. Their job is to walk around to find apartments and people seeking to rent houses. Then they bill you extremely. Because of this guy's, house rent skyrocket..... If the government will look into this, it will go a long way. 93 Likes 4 Shares |
Validated: 5:09am On Apr 26 |
That will only happen when government start building houses.
49 Likes 1 Share |
Badgers14: 6:41am On Apr 26 |
Landlords will just give it another name ![]() ![]() 20 Likes 1 Share |
Sheuns(m): 6:42am On Apr 26 |
![]() Government build homes and sell at outrageous prices. LagosHoms that are not supposed to be resold or rented out to a third party are being resold and rented out at outrageous prices and the government does nothing. LagosHoms Iponri resell for 40-50M per apartment. Renting starts over 2.5M per annum. 31 Likes 1 Share |
free2ryhme: 6:42am On Apr 26 |
gracealonev: 6:42am On Apr 26 |
Those illiterate agents no send anybody.
19 Likes 1 Share |
Betanaija42moro: 6:42am On Apr 26 |
This is where this APC istration has Landed us. Nigerians are not finding it easy. 11 Likes 2 Shares |
kolagolf: 6:42am On Apr 26 |
Wake me up if this ever works, landlords will always dictate the price of house in Lagos except the demand for housing reduces drastically
15 Likes 2 Shares |
blackgold2018(m): 6:49am On Apr 26 |
kolagolf:thank you bro. Caution fee is even very important, not exploratory. If government wants to reduce house rent. It goes down to the economy. The cost of building materials is very high, why dont they subsidize it from there. 4 Likes 1 Share |
Quelme: 6:49am On Apr 26 |
Lagos agent don even introduce new one called, "movement fee". Before they show you any house you must pay that fee. The thing tie wrapper... 11 Likes |
Xmen149(m): 6:49am On Apr 26 |
All these ones saying "it's govt that built for them" still haven't learnt that govt do things when they are serious to do them. You will just see loopholes in and conditions for land ownership and building owners that don't comply will start loosing their land upon which their house is built....lolz.. Govt is not serious though because they ed the race with the public housing projects they are building 7 Likes 1 Share |
fasho01(m): 6:54am On Apr 26 |
Welcome development which has been long overdue
3 Likes 1 Share |
kennyz247(m): 6:54am On Apr 26 |
I just pray for we wey nova build our own personal house make baba God provide for us,make we too build our own ooo
12 Likes 1 Share |
Okete001(f): 6:57am On Apr 26 |
Good Abuja and Ibadan should do the same 4 Likes |
yommen: 6:58am On Apr 26 |
fasho01: We don hear the talk. Will anything be enforced? What of land grabbing? 98 Likes |
MaziObinnaokija: 6:59am On Apr 26 |
![]() 8 Likes 1 Share |
babtoundey(m): 7:07am On Apr 26 |
JASONjnr: Those are the real problem. Rent two Naira, total package 20 Naira. Even in Ibadan that used to be less expensive to live, they are making life really hard for people. Imagine, you can't get a room self-con (even the shabby ones) for nothing less than 350. All thanks to the useless house agents who collaborated with some heartless landlords to make housing a luxury Some terrible souls will even be asking 2 years up-front payment. In thiss Economy 5 Likes |
Mahenson: 7:07am On Apr 26 |
k
|
babtoundey(m): 7:09am On Apr 26 |
Okete001: I don't know of Abuja. You see the Ibadan own, it's getting out of hand. The Agents are getting bolder and bolder. 3 Likes |
Hemanwel(m): 7:15am On Apr 26 |
These Agents are so heartless that they will be the ones telling the landlords how much to charge for rent and then will be collecting damages fee without the landlord knowing, ontop another person's property o! Very wicked and greedy set of people! 9 Likes |
Flier: 7:15am On Apr 26 |
All those fees is very important even though it might not really make sense to people who doesn’t know anything about real Estate,imagine spending all your time taking customers to various houses to check if they will like a property But at the end they say they don’t like it,who will now feed your own family ? The caution fee is very important infact it has to increase,there is no way a tenant will live in a house without damaging anything and you know Nigerians unlike white,they will do anything just to make sure the landlord suffer after they pack out the house Anyway listen to this useless government officials and I bet you will never find house to rent. 4 Likes 1 Share |
yemmit90: 7:25am On Apr 26 |
Validated: That is what they fail to understand, 50 billions naira invested annually in real eatable can build 10,000 tasteful room and parlor self contains. In 4 or 8 years of each governor tenure, he would have constructed nothing less than 40,000 or 80,000 units of this modern houses. Imagine if they invested 100 or 200 billion annually. You can't have a meaningful humans or economic development withiout solving the physiological needs of people. 4 Likes |
Jostoman: 7:26am On Apr 26 |
blackgold2018:house wey them build with 25 naira since the time of shagari, those Landlord and those bunch of Lazy people that called themselves agent are just too wicked 2 Likes |
Jostoman: 7:26am On Apr 26 |
House wey them build since 1975 , those Landlord and those bunch of those Lazy people that called themselves agent are just too wicked.
2 Likes |
Hemanwel(m): 7:27am On Apr 26 |
I am sure the Lagos State government are just coming to with the fact that, it was the high cost of rent that led people into living under the isale eko bridge.
5 Likes |
Kingpele(m): 7:28am On Apr 26 |
Is not easy to find a nice and affordable place to stay this days because the agents will just reap u off especially in Abuja and lagos, so is a good move by the government
3 Likes |
MorataFC: 7:29am On Apr 26 |
Hmm
|
Jostoman: 7:30am On Apr 26 |
Landlord will ask you to pay 10,000 per month for a single room Agreement -50,000 Commission -50,000 Damages - 20,000. Very wicked people 4 Likes |
ERCROSS(m): 7:31am On Apr 26 |
This would be a welcomed development if it could go through
2 Likes |
southsouthking(m): 7:32am On Apr 26 |
Nairalanders take note.
1 Like |
(1) Reply)
Governors Show Less Concern As Fuel Scarcity Bites Harder
(Go Up)
Sections: How To . 39 Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland. |