Should I sell or risk tenants buying at undervalue price?9:08 AM, 25th September 2019
About 4 weeks ago 48
My management agent has just sent me an invoice amounting to 1 months rent plus 3 months management fee to terminate their services after 15 years!
The same tenant has occupied the property since the start of the Tenancy Agreement and continues to do so, I intend to self manage the property.
I do not recall having signed a contract with the agent 15 years ago separate to them preparing the Tenancy Agreement,
I have requested they provide a signed copy of the agreement but they say this is archived.
The Agent is a member of ARLA.
Can anyone confirm whether they have experienced an Agents exit fee from Landlord/Agent Agreement, and whether a standard agreement exists in the industry.
Does anyone know what a fair exit fee may be.
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