Agency ownership change

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    Agency ownership change

    My current letting agent has been bought by another agency that I had a dispute with in the past and now find myself back with them with no choice

    #2
    Did you have a question?

    What does the agreement with the "current letting agent" (not AST) say about change of ownership ?? Or notice period by you??
    I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

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      #3
      I would tell the new owner the contract has ended and see how they respond.

      Comment


        #4
        Did the takeover involve the purchase of goodwill or the acquisition of shares?

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          #5
          My estate agent has been bought and taken over by another agent in which I havent a contract with them. Can i get out of clause with my full management with the old agents as i feel they dont seem to be much help {old agents}after my house flooded. i was notified the day the new agent took over

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            #6
            As per @Lawcruncher's post above, it depends on what was purchased.

            If you have an agreement with company x and company y purchases it entirely, the chances are that your contract is still with company x, which is now entirely owned by company y.

            If company y didn't completely buy company x, it would depend on what they did buy.

            Most contracts don't have change of ownership clauses in them (because that makes them less valuable).
            So I don't see any obvious reason that your contract should now be able to be "got out" of other than however you are able to end it now.

            When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
            Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

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              #7
              When my agency was bought out I refused to sign their contract and when they made some basic errors told them I was unhappy and was leaving and going elsewhere. Seemed to work for me.

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