Switching letting agent without penaltyMake Text Bigger
I need advice on switching letting agent without penalty.
I received no rent from my letting agent in March.
On checking my bank statements back to the date the tenant moved in, I find that other payments have been missed and that the rent is actually three months in arrears.
The tenants latest contract expires on 16/4/13.
Under the terms of the management agreement, the management service includes “Collection of monthly rental & same day automatic transfer of rent to Landlord”, so am I correct in assuming that the agent is in breach of contract? If so, am I within my rights to switch to another agent without having to satisfy the requirement (set out in the agreement) to give the current agent 2 months’ notice in writing?
Thanks for any advice you can offer.
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