Sw15man

Many thanks for your reply Grampa, very helpful. The agent wants 17.5% fully managed which is incredibly high. The monthly rental income is £3600.00 pcm so they will be taking a significant chunk. Again, many thanks.

Hello all I'm a new landlord and have just instructed a national agent to let the property. They are now saying the Tennant requires a fully managed service and the agent insists I pay them to do this rather than doing it myself. Can anyone tell me if its a legal requirement that I pay the agent to do this? They are also telling me corporate let's are a minimum of 3 years, can I add an 18 month break clause? Many thanks Simon