Can letting agents legally charge a 'finders fee' or commission for referring landlords to contractors for maintenance works, and how transparent do they need to be about this in the UK?
Quick Answer
Letting agents can receive 'finders fees' from contractors, but legally must disclose these charges to landlords transparently. Non-disclosure can lead to legal action and regulatory penalties for the agent.
About This Topic
Letting agents can charge finders fees for contractor referrals, but must transparently disclose all commissions. From April 2025, undisclosed fees can lead to fines and legal action.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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