Letting Agent Questions

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Started by JustIgnore, 19-08-2017, 12:59 PM
2 responses
36 views
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Last Post jjlandlord  
Started by 12GuageLandlord, 10-08-2017, 21:35 PM
8 responses
132 views
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Last Post tatemono  
Started by malikha, 27-09-2016, 14:58 PM
31 responses
1,816 views
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Last Post Lara
by Lara
 
Started by JohnyLondon, 05-08-2017, 12:57 PM
2 responses
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Last Post jpkeates  
Started by landing, 29-07-2017, 17:23 PM
6 responses
124 views
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Last Post buzzard1994  
Started by gailey, 30-07-2017, 12:32 PM
8 responses
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Last Post gailey
by gailey
 
Started by robbie31, 13-07-2017, 12:03 PM
16 responses
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Last Post tatemono  
Started by Ged, 12-07-2017, 13:29 PM
1 response
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Last Post tatemono  
Started by AleBP, 09-07-2017, 13:44 PM
1 response
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Last Post Guest's Avatar
by Guest
 
Started by LuciH, 06-07-2017, 13:43 PM
1 response
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by Guest
 
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  • Agent asking for funds prior to sign the contract
    JustIgnore
    Good afternoon.

    I am in a bit of confusion at the moment in dealing with an agent, I hope you guys can help.

    I have found a property to rent and we are very interested in renting it.
    The advertised move in date is somewhere end of August, an exact date has not been given...
    19-08-2017, 12:59 PM
  • Reply to Agent asking for funds prior to sign the contract
    jjlandlord
    It is not uncommon but this should not be: You should set up the contract first.

    I also got as 'reason' what is mentioned in the previous comment, namely that you have to pay first because of the wording of the contract... This simply either mean that they are clueless or have a badly drafted...
    19-08-2017, 17:52 PM
  • Reply to Agent asking for funds prior to sign the contract
    Stef Cooke
    Yes. As a clerk I am occasionally called off a job because funds have not cleared.

    If you think about it that contract will contain information about the monies you will pay, deposit etc. If you have not already paid then the contract is incorrect. So you pay, then, when it has cleared,...
    19-08-2017, 13:47 PM
  • Looking for a new letting agent
    12GuageLandlord
    Hello,

    I am new to this forum and to the private rental market. Having just gone through a fairly turbulent contract renewal I have lost all patience with my management agent and have decided I want to move away from them as every communication from them creates more work for me putting...
    10-08-2017, 21:35 PM
  • Reply to Looking for a new letting agent
    tatemono
    this is exactly why I recommended it as a question to ask. You should know that the agent works for you on your terms and so if this isn't something you want and the LA insists on it and has hefty fees, you can walk away. You can play ignorant and see if they try to pull the wool over your eyes by saying...
    14-08-2017, 21:15 PM
  • Reply to Looking for a new letting agent
    jjlandlord
    Landlords should also know that in such case whatever fee the tenant paid to the agent belongs to them....
    14-08-2017, 10:41 AM
  • Reply to Looking for a new letting agent
    HantsAgent
    You are right, of course, but I know at least one major letting agency whose policy is to send a letter to the tenant with an ultimatum; "Renew, and pay us XXX, or expect your notice."

    I guarantee that most of the landlords for whom they are acting don't know that this is the...
    14-08-2017, 10:36 AM
  • Reply to Looking for a new letting agent
    jjlandlord
    Good idea to test them, but this is really not their decision and it is for the landlord to tell them what to do....
    14-08-2017, 09:44 AM
  • Reply to Looking for a new letting agent
    tatemono
    prepare yourself a standard list of questions about issues that you know agents should be aware of and ask the same questions to each agent to allow you to compare responses. Questions such as
    1. How long from receiving the deposit should it be protected?
    2. When should I install a carbon monoxide detector?
    3. Do
    ...
    11-08-2017, 20:49 PM
  • Reply to Looking for a new letting agent
    12GuageLandlord
    jpkeates Thanks for the heads up on that - I have looked at their terms of business and I will be removing them the Management of the property as they have made 7 errors in just over 7 months which is unacceptable especially as I am paying for the "Service" (areas of mistakes include communication,...
    11-08-2017, 13:46 PM
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