Am I still liable for agent selling fees if my tenant buys after 5 years?Make Text Bigger
I have sold my property to my tenant after five years of them renting I used a local estate agent on a letting introduction only on a 12 month contract.
Neither we nor tenant have had any contact from agent ever since.
My tenant wants to have their deposit returned which is with the agent.
Reading through the information pack we were given at the beginning it says if the tenant buys the property we are subject to 1.5% fee.
Is this still applicable if we are outside of the 12 month contract?
Neither the tenant nor we have as yet contacted the agent, we just need some advice before we do.
Thanks in advance
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