agent/rent arrears

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    agent/rent arrears

    Advice please is it time for new agent ,yet again my tenants are in arrears on more than one property,agent seems to put no pressure on tenants and I only get to know when over 6 weeks and I start asking questions.
    At what point should tenants be chased for rent.

    #2
    What does your contract with the agent state?
    Allow tenants to protect their own deposits. I want free money when they do it wrong

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      #3
      Originally posted by bertha View Post
      At what point should tenants be chased for rent.
      The next working day after rent was due and wasn't paid.

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        #4
        Full management which I took to mean rents chased.

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          #5
          Originally posted by bertha View Post
          Full management which I took to mean rents chased.
          Yes, but
          What does your contract with the agent state?
          regarding actions agent takes in such circumstances...
          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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            #6
            Originally posted by bertha View Post
            Full management which I took to mean rents chased.
            The number of agents who just state "Full Management" for their monthly fee are doing themselves a disservice, and are being far too lazy as it requires a detailed breakdown of what it means, otherwise they are leaving themselves open to being given the run-around by landlords and tenants alike. No explanation of terms means they should do everything for say 10% of the monthly rental. The fools.
            The advice I give should not be construed as a definitive answer, and is without prejudice or liability. You are advised to consult a specialist solicitor or other person of equal legal standing.

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