Let only basis
This is where an agent markets the property, advises on rent levels, finds a tenant, undertakes reference checks and provides a tenancy agreement. Once the tenancy has started, the owner (landlord) undertakes all management of the property. The agent charges the landlord a one-off fee for this. The amount will vary but is usually based on the rent and often it will be one month’s worth of rent. They may also charge the tenant an administration fee. You need to agree what deposit is to be collected, and ensure it is held in accordance with statutory tenancy deposit protection measures as a result of new legislation from 06 April 2007.
Fantastic website with invaluable knowledge! We have never struggled finding what we need and there is always someone to speak to."
Kevin Smith - Letting Agent
"Packed with everything required to provide a full and knowledgable service" David Fox - Letting Agent  |
Over 130 Documents, Letters, Notices & Guides
 FREE Credit Checks Members Helpline Member Discounts Reliable Service |
Save Time & Money Tenant Eviction Help New Tenancy Help Legally Compliant |
|