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Showing results for tags 'agents fees'.
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Hi need some advice re agent charges... I bought my flat new build and as part of the purchase I was given 0% agency fees for the first 12months (tenant moved in in January last year). The tenant ended their tenancy early and moved out in December (after 11 months). However they did not pay their December rent. The agent therefore deducted December's rent from the deposit which they've only just released back to me now. I saw however that they'd deducted their fee from this. When I queried this they advised that because the payment was released to me now (despite it being for December's rent), they are entitled to their fee as 12months have now elapsed. Are they allowed to do this? Are they allowed to make deductions from a deposit? I'd really appreciate advice on this
Hi! We are about to put our property in London on the market to realise some cash to invest in the North (where we now live). We are quoted around 1%+VAT for the agent's fees which will be just over £10k in fees. Alternately I've been looking at Tepilo and Purple bricks where the full service including viewings is around £1800. Has anyone had experience of using these guys? Given our tenants may give notice and move out before it is sold the extra saving to cover any voids makes sense. Difference is fee is payable even if they don't sell it! However It may also enable us to price for a quick sale.