Will Freeholders Consent To Let Fees Be Banned?
I have a readers question of my own for a change! ![]()
Given the Chancellors announcement in his Autumn Statement that agents will not be allowed to charge fees to tenants, does this mean that freehold management companies will no longer be able to charge us fees (as long leasehold tenants) for consent to let?
Thoughts please!
Thanks in advance
Mark Alexander – founder of Property118 and The Landlords Union
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Member Since June 2013 - Comments: 582
10:58 AM, 24th November 2016, About 9 years ago
MK Council only charge me a one off £10 fee for consent to sub let but they are my nemesis so I will enjoy asking them the question and see what their response is!
Member Since January 2011 - Comments: 12193 - Articles: 1395
11:36 AM, 24th November 2016, About 9 years ago
Reply to the comment left by “Jonathan Clarke” at “24/11/2016 – 10:58“:
Please let us know what they say, good luck ?
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Member Since June 2013 - Comments: 1121
1:08 PM, 24th November 2016, About 9 years ago
Well Mark its worth asking for an amendment to the legislation before its written…the problems is the big freeholders are big business and they don’t want to upset them. When the Right To Manage legislation was consulted on it ended up being virtually useless because of protests from freeholders whose incomes via highly inflated service charges would be hit. So now its so complicated and costly to get that most leaseholders don’t bother.