Most tenants will rent their property via letting agents. But there are quite a few important points you should know about them . Here are five for starters. You will probably find some others if you read around the posts on this blog. 1. Letting agents are unregulated Yes, anyone can set up as a…
This summary of my posts on the Office of Fair Trading v. Foxtons case was written last year but I have done a few posts since then. So it is being updated so it includes my later posts on the Foxtons litigation, which is now concluded. OFT Victory in Foxtons unfair contract terms case. This…
When there are problems in a rented property, the general rule is that it is the landlord who is liable for this, and not the agent. The agent is the middle man, facilitating the agreement between the landlord and the tenant, and getting paid for this. He is not personally liable. Or is he? In…
Claire Empson runs the innovative Daisylets letting agency which she started herself as she was so fed up with the shoddy service of local agents. The fact that she has done well is shown by the fact that she is winner of the NLA 2010 Property Women letting agent award. Here is her story. 1….
As an adviser I see lots of the problems landlords have. Such as: Tenants not paying rent is probably the top complaint. This is pretty fundamental as most landlords have fairly hefty expenses to pay, which are dependent on getting the rent in. Tenants trashing the property happens far less often, but is a nightmare…
My notable property person today is Sally Asling of SurreyLets. Sally runs her own property business (which she has developed enormously using social media, especially twitter), has a family and is about to publish her second book. She is an inspiration to us all. Here is her story. 1. Please introduce yourself. Say a bit about…
This is day 9 of my 31 days of tips on tenancy agreements series. To see the rest of the series click here. Letting agents Many tenants, perhaps the majority of tenants, are signed up by letting agents, who deal with the drafting of the tenancy agreement and signatures on behalf of the landlord, their…
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