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UK Property Management Fee Query


clanmackey

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I own a flat in London which has been rented out via a property lettings/management company for the past 5 years to the same tenant. The tenancy has gone smoothly except that the management company continues to charge a full 15% of the rent annually. As the work is now minimum for for this letting, are there any mechanisms open to me to reduce this high management fee? I am sure many other landlords have faced the same problem?

Thank you for your time and I look forward to hearing from you.

Sincerely,

NIUM

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