How are you intending to counter the Tenant Fee Ban?
We only charge a modest £125 per Tenancy (as an Admin Fee for setting up Tenancy Agreement, Inventory, Referencing and Deposit Protection) half that £62.50 for an existing tenant moving from one of our properties to another.
We have never charged a Landlord Setup Fee, just simply 10% of rental income for full management.
Other agents around us have been charging from £195 – £474 just as a Landlord Setup Fee plus considerably higher fees per Tenant per Tenancy.
From 1st June 2019 we will have to pass this onto Landlords and I wondered how others were intending to structure this?