Beyond the monthly management fee, which other common letting agent charges (e.g., tenancy renewal, inventory, checkout) are legally allowed to be passed onto landlords in the current UK regulatory environment?
Quick Answer
Letting agents can legally charge landlords for specific services beyond monthly management, such as inventory preparation, check-in/check-out, and tenancy renewal fees. These charges, previously paid by tenants, are now the landlord's responsibility due to the Tenant Fees Act 2019.
About This Topic
Letting agents can legally charge UK landlords for inventory, check-in/out, and tenancy renewal fees. Due to Tenant Fees Act 2019, these costs, previously borne by tenants, now impact landlord profit margins and BTL investment returns.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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