8:45 AM, 10th April 2013, About 9 years ago 9
Because I live abroad I pay a letting agent agent to find tenants and for property management.
I have a property let to 4 tenants. It is an unlicenseable HMO (House in Multiple Occupation).
In practice, the letting agents do very little property management because I have to fix every thing and send my own people because the agent tries to overcharge for everything.
I think I am paying the management fee just in case the proverbial …. hits the fan and the tenants default or cause major problems etc.
In such a case I assume they will know what to do and they are much better informed than I am living abroad.
Am I correct that I should continue to pay the agent the management fee even though I fix all repairs etc ?
Help would be appreciated.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Previous ArticleDisability Access Question for Residential Landlords
|“Account”||means an account required to access and/or use certain areas and features of Our Site;|
|“Cookie”||means a small text file placed on your computer or device by Our Site when you visit certain parts of Our Site and/or when you use certain features of Our Site. Details of the Cookies used by Our Site are set out in section 13, below;|
|“Cookie Law”||means the relevant parts of the Privacy and Electronic Communications (EC Directive) Regulations 2003;|
|“personal data”||means any and all data that relates to an identifiable person who can be directly or indirectly identified from that data. In this case, it means personal data that you give to Us via Our Site. This definition shall, where applicable, incorporate the definitions provided in the EU Regulation 2016/679 – the General Data Protection Regulation (“GDPR”); and|
|“We/Us/Our”||Means Property118 Ltd , a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.|
|Name of Cookie||Purpose||Strictly Necessary|
|JSESSIONID||Used only to collect performance data, with any identifiable data obfuscated||No|
|__cfduid||This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.||Yes|
|Name of Cookie||First / Third Party||Provider||Purpose|
|__utma, __utmb, __utmc, __utmt, __utmz||First||Helps to understand how their visitors engage with our website|
|_fbp||First||Helps to understand how their visitors engage with our website|