Parting company with my letting agent

Parting company with my letting agent

9:47 AM, 22nd February 2013, About 9 years ago 11

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Parting company with my  letting agentMy letting agent has been taking £39.00 a month for doing nothing as far as I can see.

Our tenant rang me on Monday because there was a problem with the central heating boiler.  My husband arranged for a plumber to go in today and the heating is working.

I have had this tenant for 6 years with no problems.

I was going to email my agent and “say that I want to take over the running of my property.”

I will need another tenancy agreement between myself and the tenant and they need to change the direct debit  to my bank account.

I don’t have a copy of the tenancy agreement so I don’t know if she took a deposit or not. You can see now why I don’t want to give them anymore of my money for doing nothing.

I wasn’t going to ask for a deposit as they are good tenants.

If they leave I will look at employing another agent then.

Q1. Do you think that I am going about this the right way?

Q2. Do you have an up to date tenancy agreement that I could use?

Thank you.

Angela



Comments

by Antony Richards

20:56 PM, 1st March 2013, About 9 years ago

I agree with most of what you say DC.

Far from being affluent, Penzance is a poor area yet rents are stupidly high. Whilst you have picked on a property at £450, we don't have many below £500. Indeed we do not really want those properties and are gradually culling them. So £500 x 12.5% = £62-50. We are not the dearest agent in Penzance!!!!

Its the same with sales. Average wage £15,000, cannot get much of a mortgage with that yet try buying something less than £110K that does not need improvement.

Given the push for RGI on this site it is really difficult for youngsters.

Co-incidentally, the property to which you refer has encountered a problem and so the tenants cannot take occupation yet. Despite us saying that the fees are non-refundable we can take a view on this. I have returned the £230 which the youngsters paid - it was not their fault. So money where my mouth is in that I do not like people being ripped off. I still need to pay the referencing agency.


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