My dmum is going to be renting out her house (I had a lot of good advice from MNers about the general principles ). She has been to see 2 letting agents. One didn't impress her, the other is offering a service to find tenants and do the relevant reference/credit checks, collect the rent and ring Mum if repairs are required, and has some sort of policy where the rent will be paid on an agreed day each month for 6 months even if the tenants default. This will cost 60% of a month's rent plus 13% each month. Plus £100 for an inventory, £150 for gas and electric checks and £100 for environmental check.
Is this a normal type of rate? Should I try to encourage her to shop around for other agents? Could she shop around to get insurance to cover late payment of rent rather than go with the agent's plan?
(She and dsis think the 6 month cover is a great idea - I'm not so convinced.)
TIA.