14:45 PM, 8th April 2021, About 3 years ago 8
After several years of paying renewal fees, and with the agreement of the tenant, I notified the agent that at the end of the fixed period we would be going down the statutory periodic tenancy route. THEIR RESPONSE:
Terminate the contract following a successful letting of the property by us and the existing tenants remain in the property under either a statutory periodic tenancy or enters into a new fixed-term tenancy agreement directly with you, you agree to pay a fixed charge equivalent to one months’ rent + VAT (provided that we are not in breach of the contract).
This is ridiculous so am I to tell them to get the tenant out?
Any way around this as I’m loathed to pay them several thousand pounds for doing nothing and for a tenancy that could end at a months notice.
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