24 month contract.

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charlie_164
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Hi, I have been approached by a local agency - Ludlow Thompson - after I advertised my own property on Loot. They say they have tenants who have been let down and need to move immediately. This suits me as my property is vacant from 4 October and its seems at the moment there is an excess of supply over demand for rental property.
However, they say they offer a 24 month tenancy with 18 month get out clause....and of course they want a fee of 8% up front for the whole length of tenancy.
Is this normal? Acceptable? I feel that there is some kind of scam going on ( other local agencies cannot find me tenants but Ludlow have people WAITING?? )
Please advise asap.
01/10/2008 00:00

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