I’ve had an offer accepted on a property with a tenant in situ. I would like to consider keeping the tenant as the property is well looked after, and the tenant wants to stay. The agent selling the property is also the letting agent and he has advised that the tenant is on a rolling contract (I assume he means a periodic tenancy - I am trying to find out). The agent has added a special condition to the Memorandum of Sale stating that if I decide to keep the tenant that I will need to continue to pay tenancy renewal fees. I would like to manage the property myself and not use an agency. Does the letting agent have a leg to stand on regarding charging me tenancy renewal fees?