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