Should I sell or risk tenants buying at undervalue price?9:08 AM, 25th September 2019
About 4 weeks ago 48
I’ve had my lettings agent now for around 2 years, and every month there is an excuse for him to transfer rent to me from the tenants. There is no direct debit set-up either, and every time I remind him of getting a DD setup, he’s says he will definitely do it the next month, but then never does… and just carries on.
I’ve been fairly relaxed about it as rent is normally paid within week or a little bit more from the rent due date. However, for the last 3 months, rent money seems to be taking longer to reach my account. I’ve been waiting for more then two weeks this month and as of writing this, still haven’t received anything yet.
Also, not contactable on the phone for the last two days… Understandably, I’m very worried and I’ve kinda come to the end of my tether and would prefer to transfer management to another more reputable firm…
Need to dig out the contract term and have a look at the clauses, but can you tell me what other steps I need to do initiate a transfer of management.
Many thanks in advance for any advise given.
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