C coppers Registered User Messages 69 25 Sep 2008 #1 Is it normal for a letting agent to impose their management charge on repairs carried out? E.g. Letting company charges management fee of 10% deducted from rent monthly. Smoke alarms need to be fitted cost £117.50. Invoice from third party reads £100 + 17.5% VAT. Invoice to landlord £100(net of vat) + 10% + Vat(17.5) = £ 129.25.
Is it normal for a letting agent to impose their management charge on repairs carried out? E.g. Letting company charges management fee of 10% deducted from rent monthly. Smoke alarms need to be fitted cost £117.50. Invoice from third party reads £100 + 17.5% VAT. Invoice to landlord £100(net of vat) + 10% + Vat(17.5) = £ 129.25.
D Domo Registered User Messages 754 25 Sep 2008 #2 Not as far as I know - but check you agreement with the letting agency - what does that say?
C coppers Registered User Messages 69 26 Sep 2008 #3 Nothing in the letting agreement. Just wondering if any other UK property owners experienced something similar. The obvious flaw is that it if choosing between two contractors to do a job it would be in their interest to choose the more expensive one.
Nothing in the letting agreement. Just wondering if any other UK property owners experienced something similar. The obvious flaw is that it if choosing between two contractors to do a job it would be in their interest to choose the more expensive one.