LandlordZONE

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May, 2015

Sunday

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  1. There are actually quite a few sites to find...

    There are actually quite a few sites to find reviews, you can also do basic checks on the company to see if there's any adverse history/credit, which can be an indicator. Membership of a regulator...
  2. Sadly i'm in Manchester so can't help with the...

    Sadly i'm in Manchester so can't help with the letting, or recommending of an agent. You shouldn't generally be paying anything upfront, it's usually no let no fee. It might be the case that they...
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    Seconded, and the DPS would have no problem...

    Seconded, and the DPS would have no problem deciding in your favour.
  4. Are you the agent or landlord? If agent which...

    Are you the agent or landlord? If agent which area are you in? RM is typically £1k+vat per month per office for lettings and sales. If they've quoted £200/month for lettings that's not bad at all,...
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    We're not all bad! The one that you have is...

    We're not all bad! The one that you have is clearly incompetent, they haven't acted in your best interests. I'd be very surprised if they tried to levy a fee to leave them, considering their huge...
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    The fees differ significantly though, as do the...

    The fees differ significantly though, as do the reasons for charges. I run an independent agency in Manchester, we do charge an initial application fee, but do not charge any other fees. The national...
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    The agent just needs to work out a realistic...

    The agent just needs to work out a realistic price for each, you then ideally need to work out a discount that'd be affordable to incentivise an investor. It's certainly more difficult this way...
  8. mariner, Not the same but certainly linked and...

    mariner,

    Not the same but certainly linked and rather a grey area, especially if T&Cs state it'll be used towards tenancy deposit.
  9. As an agent myself i'd certainly return all funds...

    As an agent myself i'd certainly return all funds paid if we/the landlord were at fault. With them calling it a holding deposit too you do have a level of protection from deposit legislation, as...
  10. Following "clear cut" with "likely" and "safe...

    Following "clear cut" with "likely" and "safe route" show it's far from clear. As an agent we re-issue the PI but do not relodge, simply no need for it. If a matter ever made it to court we'd have...
  11. Landlordexpert/landlord association - anyone heard of them?

    They're touting advertising space on their website but i've never heard of them despite having 45k members, apparently. My suspicions are that it's just making money from advertising without giving...
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    If the Section 21 was produced by the agent £90...

    If the Section 21 was produced by the agent £90 is a ridiculous charge. Realistically though I doubt it'd be grounds for dismissal, you'd be best to negotiate with them to bring their management to a...
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    She'll no doubt have to pay a fee to cut all...

    She'll no doubt have to pay a fee to cut all ties, just ensure it is final i.e. they won't try to come back with renewal charges etc. The deposit would be transferred to your friend, would be prudent...
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    It depends what you're looking for in return. If...

    It depends what you're looking for in return. If you're looking to develop new business then don't bother, you won't get anything. For industry news and useful information just keep an eye on...
  15. They're obviously covering themselves just in...

    They're obviously covering themselves just in case, but presumably your signature would be alongside today's date anyway, rather than the commencement of the tenancy?
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    Indeed, speak to them to negotiate bringing their...

    Indeed, speak to them to negotiate bringing their management to an end.

    Regarding the deposit, as long as you have an account with the DPS the agent can transfer it to your DPS account. If you...
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    No, but helpful. You'd need to send a copy of the...

    No, but helpful. You'd need to send a copy of the tenancy, breakdown of costs and have the statutory declaration stamped by a solicitor (costs no more than £5). Will take around 4-8 weeks before you...
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    Claim for the deposit, wait (21 days I think)...

    Claim for the deposit, wait (21 days I think) then escalate to single claim process.
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    They're a bit gutless indeed. Far better to hit...

    They're a bit gutless indeed. Far better to hit them where it hurts - pockets. Allagents and google are a good start to leave your feedback.
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    One of my employees is currently studying for it,...

    One of my employees is currently studying for it, there's actually a hell of a lot to learn, some of it not particularly worded very well. You can do modular exams, costs a little more but might be a...
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    From what you've pasted it only appears to be...

    From what you've pasted it only appears to be valid if a tenancy is in place. If you moved in there wouldn't be a tenancy agreement and therefore no charges.

    They're obviously unscrupulous, make...
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    Agents pay a fee of around £500 to enter, as most...

    Agents pay a fee of around £500 to enter, as most realise it's useless don't bother. As such some of the worst agents can win 'best letting agent north west'. Mostly run by Zoopla ( the ESTAs), means...
  23. Thread: Portal Costs?

    by jrsteeve
    Replies
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    351

    Rightmove for lettings & sales you should expect...

    Rightmove for lettings & sales you should expect somewhere between £800-£1k inc VAT.
    Zoopla something circa £500.

    Invest in your own website too, so you're not dependent on the portals.
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    When did you sign up with them? Had a demo in the...

    When did you sign up with them? Had a demo in the office in January and it most certainly was in the thousands, couldn't believe it!
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    CFP costs several thousands vs Gnomen which is...

    CFP costs several thousands vs Gnomen which is normally sub £100 per month. I currently use Gnomen, it's good in some areas but not great in others, or at least doesn't quite meet my needs - having...
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