My letting agent delays on transferring rent to me every month!

My letting agent delays on transferring rent to me every month!

14:05 PM, 26th January 2017, About 7 years ago 13

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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.late payment

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.

Sunny


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Comments

Kate Mellor

9:49 AM, 13th February 2017, About 7 years ago

Glad you've prevented any further losses to yourself Sunny. Have you managed to get your rent for January yet and has your agent reopened his office?

Sunny Singh

13:34 PM, 13th February 2017, About 7 years ago

Hi Kate,

To date, I still haven't yet received anything for the January rent. I have spoken with Property Ombudsman, the Property Redress Scheme and Companies House and on their advise served a formal letter of complaint to the Lettings Agent.
His offices still seem shut, but am waiting for any response from his side. There is a certain time period that I have to wait before beginning a legal case against the agent.

In the meantime, rent has been transferred direct to me for the Feb period. I am now looking to setup a new contract between tenant and myself or perhaps with another Agent (reputed one this time though, lol)...

Cheers

Kate Mellor

13:41 PM, 13th February 2017, About 7 years ago

Reply to the comment left by "Sunny Singh" at "13/02/2017 - 13:34":

Looks like your instinct was correct. Never a good sign when the office is unexpectedly shut! Good luck with everything. Hope you get your money back. Did you manage to determine whether he had protected your tenants deposit? I hope so.

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