Agent Golden Handcuff
Letting Agents

Member
Member
1 Thanks
7 Posts
9 years ago
0
Hello,

notice has been given to the agent managing 3 properties, they have informed us that there is a 3 month notice period which I accept. However they are also trying to keep a month's rent from each property (3 in total) as they found the tenants initially. the ASTs are all between landlord and tenant and not agent and tenant and have all been in the properties for some years.

Are they allowed to do this? it seems unreasonable to me. equal to keeping a years worth of commission on top of the 34 months notice.

All advice gratefully received.

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.