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Increased monthly management fees

LANDLORD FORUMCategory: AgentIncreased monthly management fees
Vinita Sood asked 4 years ago

Our estate agents want to increase monthly management and initial set up fees by 1.5% and also charge £250 for tenancy progression. Has anyone else had similar issues and how have you dealt with it?

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Beverley answered 4 years ago

Hi, we had a similar problem. We said, we will find another agent, so they negotiated reasonable terms. You don’t have to accept the terms. Speak to them or go to another agent.

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