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Notice to letting agent

Hi
Hope someone can help with this.

I have rented out a house I used to live in(before getting married)for the last year via a local letting agent.

On the basis that these agents are always late paying me and also deduct money by mistake and the fact that rates have risen,meaning I am making a £70(after the deduction of the management fee) per month loss...I have given the the LA a months notice of my intension to my manage the property myself.
This has been agreed with the tenants and means I won't have to increase the rent at all..which I don't want to do for good tenants.

The LA has come back to me stating I need to give 3 months notice and also pay a £250 finders fee for the tenants as they are staying.
Is this usual practice?
I can't find this mentioned on the T&C's on their website and to my knowledge didn't sign anything to this effect.

Any advice would help.

cheers:beer:

Comments

  • Incisor
    Incisor Posts: 2,271 Forumite
    1,000 Posts Combo Breaker
    So what is the basis of your agreement with the LA? What did you sign and do you have a copy?
    After the uprising of the 17th June The Secretary of the Writers Union
    Had leaflets distributed in the Stalinallee Stating that the people
    Had forfeited the confidence of the government And could win it back only
    By redoubled efforts. Would it not be easier In that case for the government
    To dissolve the people
    And elect another?
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