Letting Agents Fees Overview

In deciding whether a landlord feels that a letting agents fees can be justified it is necessary to understand the letting agents fee structure first of all and to break this down into its component parts.

Hutcheon Solicitors Are Asking Landlords To Make Contact Regarding Letting Agency Fees - Click Here

So, when a landlord employs the services of a letting agent what services do their fees actually cover? This, as I am sure you will be aware, depends on what range of services you choose to go for from a letting agents service level options.  Most letting agents have a minimum of two options to choose from. Typically, these will be the entry level 'find you a tenant and prepare the tenancy agreement' and the full service 'find you a tenant, prepare the contract, collect the rent and deal with basic tenancy issues that might arise' option. Admittedly, there are a handful of bolt on services that some letting agents offer across the fee spectrum including viewings, inventory checking, and utility services to name a few however for the bulk of letting agents the servicing options are similar.