You are a landlord. You are not a ‘professional landlord’ (i.e. you do not have a large portfolio and landlording is not your main business). You have paid commission to your agent (who may or may not be Foxtons) in the past, even though they were not managing the property. The commission was charged under…
I was very amused, while surfing the internet recently, to find that there is a whole web-site dedicated to hating Foxtons – www.wehatefoxtons.com. If you are interested in the landlord business and have a spare few minutes, it is worth a look, if only for the amusing spats between those posting (which include landlords, tenants,…
There is still quite a bit of confusion regarding the recent decision in the case of the Office of Fair Trading (OFT) v. Foxtons (which I reported on here). One of the questions being asked is what exactly is the status now of clauses providing for commission on renewals? I should make it clear here…
Landlords up and down the land will be jumping with glee at the Office of Fair Trading (OFT)’s victory over Foxtons regarding their unfair contract terms. To read the background to this, see my previous posts here and here. The OFT was challenging the clauses under the Unfair Terms in Consumer Contracts Regulations 1999 (The…
I just wanted to draw your attention to an excellent post from the Pain Smith blog here on the Foxtons case. This points out that nothing is decided yet, and nothing may be finally decided for quite some time if the case goes to the Court of Appeal. Pain Smith also point out that this…
Having nothing better to do today, while messing around on the computer I did a twitter search on Foxtons. It was interesting to see what came up. – There were a large number of moans from discontented tenants and landlords. – There was the announcement of the Court of Appeal’s decision (against Foxtons) in the…
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Letting agents – instead of renewal fees
I was a bit shocked, although I suppose not entirely surprised, to read in the excellent 4wallsandaceiling property tribes forum about what some greedy letting agents are doing to replace the renewal commission they are going to lose as a result of the decision in the OFT v. Foxtons case. They are contacting tenants and…