Letting Agent Questions

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Should letting agents give you landlord's contact details? by Tenantnewbie Started by Tenantnewbie, 30-11-2020, 17:29 PM	11 responses 190 views 0 likes	Last Post by theartfullodger 07-12-2020, 15:55 PM
Failure to provide the right to cancel by Byrdewear Started by Byrdewear, 28-11-2020, 21:29 PM	20 responses 207 views 0 likes	Last Post by jpkeates 02-12-2020, 09:18 AM
Tenant moved out after 6 months, letting agent says I owe them fees by Darrol Started by Darrol, 22-11-2020, 21:07 PM	16 responses 315 views 0 likes	Last Post by jpkeates 30-11-2020, 11:13 AM
Rental Property under Management. Slow Repair by Another Fine Mess Started by Another Fine Mess, 23-11-2020, 11:57 AM	0 responses 44 views 0 likes	Last Post by Another Fine Mess 23-11-2020, 11:57 AM
Can I transfer to a new letting agent? by Heywood Lane Started by Heywood Lane, 16-11-2020, 14:20 PM	6 responses 158 views 0 likes	Last Post by theartfullodger 19-11-2020, 09:36 AM
Serving notice to a letting agent by AdinaP Started by AdinaP, 05-11-2020, 22:33 PM	7 responses 138 views 0 likes	Last Post by JamesLindsey 17-11-2020, 11:20 AM
High Street Agencies or Smaller Agencies? by HomeLord Started by HomeLord, 06-11-2020, 12:34 PM	9 responses 143 views 0 likes	Last Post by cuttingman 09-11-2020, 23:02 PM
How Do I Enforce Rent Payment by mrsdee Started by mrsdee, 09-11-2020, 18:48 PM	4 responses 94 views 0 likes	Last Post by mrsdee 09-11-2020, 22:43 PM
My post has vanished? by Lettingsfirst Started by Lettingsfirst, 08-11-2020, 20:51 PM	0 responses 30 views 0 likes	Last Post by Lettingsfirst 08-11-2020, 20:51 PM
Letting agent Served invalid Section 21 by Lynnyloo Started by Lynnyloo, 28-10-2020, 07:58 AM	12 responses 163 views 0 likes	Last Post by jpkeates 08-11-2020, 09:36 AM

Agents and their commission from contractors...

by Bounce

I remember seeing somewhere that agents need to be transparent with the commission they earn from their contractors if we use them to undertake any works required..

Is this now the case? I am just asking as the quotes my agent is getting for work is very very high.
- Channel: Letting Agent Questions
21-10-2021, 10:33 AM
Reply to Agents and their commission from contractors...

by jpkeates

My own agent, simply disperses money to their tradesman from the rent they pass on, so if they use a non-VAT registered tradesman, it's the non VAT amount I pay.
They're never part of the transaction at all, simply paying out on my behalf.
If the charge is more than is available in the rent,...
- Channel: Letting Agent Questions
22-10-2021, 12:39 PM
Reply to Agents and their commission from contractors...

by Neelix

beware the VAT

Agent gets non VAT registered trades person

Adds 10 - 15%

then adds 20% VAT

A £100 job suddenly becomes £140
- Channel: Letting Agent Questions
21-10-2021, 17:29 PM
Reply to Agents and their commission from contractors...

by doobrey

Yes it is. Law of agency. Secret profit.

See for instance this....
- Channel: Letting Agent Questions
21-10-2021, 14:50 PM
Letting agent saying I need nothing to prove tenancy has ended

by tatemono

Inherited property has sold with a tenant in it. The tenant was a longstanding tenant (10 years plus) on an AST that had gone periodic. The deposit was registered with TDS.

I asked my conveyancing solicitor what we needed to prove tenancy had ended. She said that the agents should do a...
- Channel: Letting Agent Questions
19-10-2021, 19:24 PM
Reply to Letting agent saying I need nothing to prove tenancy has ended

by tatemono

It was done by the LA in our mother's name. That's standard for LAs managing deposits by the way.

I don't want the deposit released. I simply want the name changed to the new LL's name. The new LL has paid the value of the deposit anyway so by rights it should be in their name.
- Channel: Letting Agent Questions
21-10-2021, 14:45 PM
Reply to Letting agent saying I need nothing to prove tenancy has ended

by landlord-man

Was the Deposit registered in your late moms name or the LAs ?

If your late moms name then perhaps only her estate can release it - and DPS may want all sorts of proof first.

And if it's in your late moms name, I shouldnt think anyone else could get it released.

...
- Channel: Letting Agent Questions
21-10-2021, 14:20 PM
Reply to Letting agent saying I need nothing to prove tenancy has ended

by jpkeates

The new landlord has to serve notice to the tenant, the outgoing landlord can do so, and probably should, but it's really only a courtesy, but it will help the tenant if the new landlord doesn't do what they're meant to....
- Channel: Letting Agent Questions
21-10-2021, 11:59 AM
Reply to Agents and their commission from contractors...

by landlord-man

There may be a difference between commission and erm "appreciation" (dodgy term i made up)

The first is where the agent does charge for the hassle of arranging works. Local to me, they tend to add a charge for 10% of the work value if over £200.

Then there is "appreciation"...
- Channel: Letting Agent Questions
21-10-2021, 11:51 AM
Reply to Agents and their commission from contractors...

by Neelix

Get your own quotes to compare
- Channel: Letting Agent Questions
21-10-2021, 11:25 AM

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