Renewal Fees

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M
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I have given my letting agent three months notice to terminate their full management service. (and accept they will be due their fees during the three months notice) The current tenants tell me they do wish to stay on (but they are very dissatisfied with the service they receive from the current managing agents)
The agent tells me that if the current tenants who have been in the property for two years stay on in the property I will be liable to pay their full fee of 17.5% plus VAT for as long as the current tenants stay in the property. (they do concede however that it would be unreasonable to hold me to this arrangement for more than 12 months - I feel that it is unreasonable for the agent to charge any fee beyond the period of notice)
30/07/2015 14:26

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