Letting Agent Questions

		Statistics	Last Post
How to choose letting agent by LMK Started by LMK, 10-07-2020, 18:36 PM	3 responses 68 views 0 likes	Last Post by Beswick 11-07-2020, 11:48 AM
Letting agent cease fee = 12 months fees. by lamblord Started by lamblord, 08-07-2020, 15:15 PM	3 responses 40 views 0 likes	Last Post by Lawcruncher 11-07-2020, 10:11 AM
Newly refurbished house to let- fully managed or finder fee only? by Lots on Started by Lots on, 06-07-2020, 21:46 PM	8 responses 68 views 0 likes	Last Post by jpkeates 09-07-2020, 10:04 AM
Legal question regarding rental arrears and new ASTS by CandM Started by CandM, 29-06-2020, 13:31 PM	4 responses 99 views 0 likes	Last Post by AndrewDod 30-06-2020, 09:40 AM
Openrent Packages: Thoughts On Openrent's Referencing, Deposit Protection, Legals etc by Delectable1 Started by Delectable1, 23-06-2020, 23:27 PM	15 responses 234 views 0 likes	Last Post by Delectable1 27-06-2020, 01:02 AM
Online or Letting Agent? by JPM Started by JPM, 20-06-2020, 15:47 PM	9 responses 162 views 0 likes	Last Post by Delectable1 24-06-2020, 13:03 PM
How communicative is your agent? by bertie57 Started by bertie57, 19-06-2020, 23:00 PM	6 responses 63 views 0 likes	Last Post by bertie57 20-06-2020, 11:26 AM
Newbie Landlord by annam222 Started by annam222, 17-06-2020, 13:50 PM	12 responses 213 views 0 likes	Last Post by DPT57 18-06-2020, 16:59 PM
Agency Checklist for compliance etc. by RD2020 Started by RD2020, 13-06-2020, 16:42 PM	5 responses 67 views 0 likes	Last Post by DPT57 16-06-2020, 14:17 PM
I think we've been conned by the new agent by sweetandsour Started by sweetandsour, 03-02-2020, 20:07 PM	21 responses 340 views 0 likes	Last Post by sweetandsour 13-06-2020, 17:11 PM

How to choose letting agent

by LMK

Hi. I am just getting ready to rent my property out for the first time.
I am planning on getting a few letting agents around, seeing what they say, what they can offer (planning on going for the full management option), their prices etc.
But is there anything in particular that I should...
- Channel: Letting Agent Questions
10-07-2020, 18:36 PM
Reply to How to choose letting agent

by Beswick

If I could go back in time, I'd advise 'the old me' to do swot up on all the regulatory stuff and do everything myself. These forums are a great place for info, as is the Moneysaving Expert website. Find the relevant tradesmen (personal recommendation is best) too.

I've found that if...
- Channel: Letting Agent Questions
11-07-2020, 11:48 AM
Reply to Letting agent cease fee = 12 months fees.

by Lawcruncher

Refer the agent to paragraph 5 of the list of terms which may be regarded as unfair set out in Schedule 2 to the Consumer Rights Act 2015:

A term which has the object or effect of requiring that, where the consumer decides not to conclude or perform the contract, the consumer must pay the...
- Channel: Letting Agent Questions
11-07-2020, 10:11 AM
Letting agent cease fee = 12 months fees.

by lamblord

Hi All,

I became a landlord back in January 2019 when I moved in with my partner, and we rented out my property. I used a letting agency, as I didn't really have the time to invest in learning how to manage a property myself. The letting agent got 3 tenants in on 12 month agreement, that...
- Channel: Letting Agent Questions
08-07-2020, 15:15 PM
Reply to How to choose letting agent

by jpucng62

I would visit them and have a chat about their approach, charges etc. The monthly charge is important, as is how they charge for deposit protection (this can vary quite a lot). Ask about their approach to repairs etc and choose one which fits with what you want AND offers good value.

Remember...
- Channel: Letting Agent Questions
10-07-2020, 22:20 PM
Reply to How to choose letting agent

by Mrs Mug

See the link below on how to select a letting agent.

https://forums.moneysavingexpert.com...mment_67759939
- Channel: Letting Agent Questions
10-07-2020, 19:47 PM
Reply to Letting agent cease fee = 12 months fees.

by Beswick

Tell the letting agent that you feel the charge is, given the level of service you have received, excessive. Tell them you are happy to pay 3 months' fees and no more. See how they respond.

If you're still not happy, try approaching the redress scheme the agent is a member of. They can...
- Channel: Letting Agent Questions
10-07-2020, 18:09 PM
Reply to Letting agent cease fee = 12 months fees.

by DPT57

Nothing attached.

Such termination clauses are, however, pretty stanard in agency contracts.

Bear in mind that if these are unrelated tenants, the property will be an HMO and the full HMO Management Regulations will apply.
- Channel: Letting Agent Questions
10-07-2020, 17:15 PM
Reply to Newly refurbished house to let- fully managed or finder fee only?

by jpkeates

And the tenant's free day may not coincide with yours.

There are five hidden benefits to using an agent:
1 - There are usually several people to answer the phone, make calls and arrange things at an agent, while if you DIY, there's you.
2 - It's much easier to say no to things...
- Channel: Letting Agent Questions
09-07-2020, 10:04 AM
Newly refurbished house to let- fully managed or finder fee only?

by Lots on

I have been a landlord, initially accidental (had to manage fathers properties when he became ill) then by choice. Only 2 properties, a student flat which is fully managed and a house which I inherited with tenants in situ and no letting agents, it was quite hands off but amicable. They have moved...
- Channel: Letting Agent Questions
06-07-2020, 21:46 PM

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