Ross Britton

Hi, our tenants have given notice. After five years they are moving on to buy their own property. We didn’t put the rent up for the whole five years and the letting Agent kept their fee the same for the period at 5% + vat for full service including rent collection . We also had Rental Income protection at 2.69% The Agent has now told us their fees will be 10% + vat ( originally 13% apparently) and they recommend we reduce the rent ( by nearly 10%) which equates to over £100 a month. They also want £11 a month inc vat for Landlord Regulation checks. Any comments?