Generic Letting-Agent Directed Rant
Discussion
We rent. I've posted previously here and here about rent increases and what happens at the end of our tenancy each year.
We've received this letter today. I hope it's not too small to read.
But I'm just angry. I'm angry that our agent gets away with charging £72 every 12 months and forces us to pay this fee or be evicted. I'm angry that our landlord doesn't care, that he's been sucked in to their web of being able to increase rent annually and not caring for the fact that we've been good tenants. I suppose as a hands-off agent-does-it-all landlord he doesn't give a rat's as long as he gets his cut of the rent each month.
My other half won't fight it. He'll pay any rent they ask because he sees the increases as inevitable. They're not. They're only inevitable because we, as tenants in general, accept them. And because he doesn't care for fighting it I'm going to shout here on the internet instead of at him.
Were it down to me, I'd ignore this. I'd wait until they chase. Maybe I'd offer to pay their fee if they negotiated the rent to stay the same. Maybe I'd offer to pay the increased rent if they waived their fee. But why would they? They work for the landlord. If they increase our rent, they get a bigger income each month from us. If we move out, they get to charge the landlord another tenant-finding fee, they get to charge new tenants a registration fee (over £200 from memory) and with the market as it is, they'd have the place filled within a week of us leaving.
So yes, I'm angry. There's nothing that can be done, nothing that's going to change by me ranting here, and I've no doubt at least five of you will make derisory comments. But maybe one or two will share in my anger and just grumble with me and make me feel better. And no, I don't know what an "intension" is either, but letting agents are a simple bunch, aren't they?
We've received this letter today. I hope it's not too small to read.
But I'm just angry. I'm angry that our agent gets away with charging £72 every 12 months and forces us to pay this fee or be evicted. I'm angry that our landlord doesn't care, that he's been sucked in to their web of being able to increase rent annually and not caring for the fact that we've been good tenants. I suppose as a hands-off agent-does-it-all landlord he doesn't give a rat's as long as he gets his cut of the rent each month.
My other half won't fight it. He'll pay any rent they ask because he sees the increases as inevitable. They're not. They're only inevitable because we, as tenants in general, accept them. And because he doesn't care for fighting it I'm going to shout here on the internet instead of at him.
Were it down to me, I'd ignore this. I'd wait until they chase. Maybe I'd offer to pay their fee if they negotiated the rent to stay the same. Maybe I'd offer to pay the increased rent if they waived their fee. But why would they? They work for the landlord. If they increase our rent, they get a bigger income each month from us. If we move out, they get to charge the landlord another tenant-finding fee, they get to charge new tenants a registration fee (over £200 from memory) and with the market as it is, they'd have the place filled within a week of us leaving.
So yes, I'm angry. There's nothing that can be done, nothing that's going to change by me ranting here, and I've no doubt at least five of you will make derisory comments. But maybe one or two will share in my anger and just grumble with me and make me feel better. And no, I don't know what an "intension" is either, but letting agents are a simple bunch, aren't they?
Edited by romeogolf on Wednesday 24th February 14:33
It's a market.
Unfortunately for Tenants, but handily for BTL landlords, there's a shortage of supply and an excess of demand - so prices keep on rising.
In theory the BTL tax changes should stop BTL buyers over-paying for properties and cool the whole situation a bit. But with so much demand in the system it's difficult to be optimistic about that.
Unfortunately for Tenants, but handily for BTL landlords, there's a shortage of supply and an excess of demand - so prices keep on rising.
In theory the BTL tax changes should stop BTL buyers over-paying for properties and cool the whole situation a bit. But with so much demand in the system it's difficult to be optimistic about that.
jdw1234 said:
You have to be prepared to call their bluff.
Say you except no increase and be prepared to walk.
I'd love to call their bluff, but I know that they'd get another tenant in here before the week is out, probably paying £50 more than we do. The landlord recently remortgaged (they requested access for the valuation and told us the reason) so I find it hard to believe his costs have truly increased - It's simply the agent telling him he can get more for the property, and being confident that if we don't pay it someone else will.Say you except no increase and be prepared to walk.
Ozzie Osmond said:
It's a market.
Unfortunately for Tenants, but handily for BTL landlords, there's a shortage of supply and an excess of demand - so prices keep on rising.
In theory the BTL tax changes should stop BTL buyers over-paying for properties and cool the whole situation a bit. But with so much demand in the system it's difficult to be optimistic about that.
It is a market, but I object to paying a fee to the agent when they actually don't work for us; they work for the landlord. I don't think the tax changes will cool the market at all. If anything it will put rents up as landlords seek to cover the profit being lost to additional tax whether it's for an already owned property or one which is attracting the new 3% stamp duty.Unfortunately for Tenants, but handily for BTL landlords, there's a shortage of supply and an excess of demand - so prices keep on rising.
In theory the BTL tax changes should stop BTL buyers over-paying for properties and cool the whole situation a bit. But with so much demand in the system it's difficult to be optimistic about that.
I don't know if it's the same in England but Scotland has a register of landlords. I'd find him and aim to cut the agent out the loop.
Landlords are usually about money and convenience in that order. If you're paying £900 and the agent takes 10% that's £90 extra the landlord could have, or you could half it. If you've been good long term tenants his risk is low, compared to the new lot who might move in. And if he's remortgaged he obviously needs money for something, so might be up for a deal.
f
k the agent.
Landlords are usually about money and convenience in that order. If you're paying £900 and the agent takes 10% that's £90 extra the landlord could have, or you could half it. If you've been good long term tenants his risk is low, compared to the new lot who might move in. And if he's remortgaged he obviously needs money for something, so might be up for a deal.
f
k the agent.technodup said:
I don't know if it's the same in England but Scotland has a register of landlords. I'd find him and aim to cut the agent out the loop.
Landlords are usually about money and convenience in that order. If you're paying £900 and the agent takes 10% that's £90 extra the landlord could have, or you could half it. If you've been good long term tenants his risk is low, compared to the new lot who might move in. And if he's remortgaged he obviously needs money for something, so might be up for a deal.
fk the agent.
We tried this last year. Wrote to the landlord directly and asked if we could skip the agent. He turned us down and politely requested we do not contact him again, but go through the agent only.Landlords are usually about money and convenience in that order. If you're paying £900 and the agent takes 10% that's £90 extra the landlord could have, or you could half it. If you've been good long term tenants his risk is low, compared to the new lot who might move in. And if he's remortgaged he obviously needs money for something, so might be up for a deal.
f
k the agent.romeogolf said:
Maybe I'd offer to pay their fee if they negotiated the rent to stay the same.
That'll be in your contract so it's not really a negotiation point.Anyway, your other half is right that rent increases are, sadly, inevitable. But you're right to try and fight them. We got our last increase down from £100PCM to £50PCM. Better a fairly hollow victory than no victory, I suppose.
For what it's worth, having rented our little 420sq ft one bed in Parson's Green for two years now, I feel every bit of your pain.
Edited by iphonedyou on Wednesday 24th February 12:26
As others have said you have to be prepared to call their bluff.
The letter you have is merely an invitation to renew.
You could write back nearer the time saying you wish to move to a periodic tenancy with no increased rent as you're good tenants. LA could then proceed to court and evict you. Costs £1K+ and time
Or LA may leave you alone.
You could say serve a S13 for increased rent on periodic tenancy.
Your call
The letter you have is merely an invitation to renew.
You could write back nearer the time saying you wish to move to a periodic tenancy with no increased rent as you're good tenants. LA could then proceed to court and evict you. Costs £1K+ and time
Or LA may leave you alone.
You could say serve a S13 for increased rent on periodic tenancy.
Your call
iphonedyou said:
romeogolf said:
Maybe I'd offer to pay their fee if they negotiated the rent to stay the same.
That'll be in your contract so it's not really a negotiation point.Anyway, your other half is right that rent increases are, sadly, inevitable. But you're right to try and fight them. We got our last increase down from £100PCM to £50PCM. Better a fairly hollow victory than no victory, I suppose.
For what it's worth, having rented our little 420sq ft one bed in Parson's Green for two years now, I feel every bit of your pain.
Edited by iphonedyou on Wednesday 24th February 12:26
romeogolf said:
We rent. I've posted previously here and here about rent increases and what happens at the end of our tenancy each year.
We've received this letter today. I hope it's not too small to read.
But I'm just angry. I'm angry that our agent gets away with charging £72 every 12 months and forces us to pay this fee or be evicted. I'm angry that our landlord doesn't care, that he's been sucked in to their web of being able to increase rent annually and not caring for the fact that we've been good tenants. I suppose as a hands-off agent-does-it-all landlord he doesn't give a rat's as long as he gets his cut of the rent each month.
So you dont think a rent increase is justified? So you dont think the agents could re-let the house at a higher rent? So you are getting a lower then market price for the property? and you are still moaning?We've received this letter today. I hope it's not too small to read.
But I'm just angry. I'm angry that our agent gets away with charging £72 every 12 months and forces us to pay this fee or be evicted. I'm angry that our landlord doesn't care, that he's been sucked in to their web of being able to increase rent annually and not caring for the fact that we've been good tenants. I suppose as a hands-off agent-does-it-all landlord he doesn't give a rat's as long as he gets his cut of the rent each month.
You do realise how much legislation and regulations letting agents have imposed on them recently for your 'benfit' no? - didnt think so.
So for an extra £25 a month the agents get an extra £2.50 a month -
not even enough to cover the postage cost of the tenancy agreements, let alone the extra time, the cost of the infrastructure and the risk/liability of getting it wrong. Dont forget the tax and the cost of the paperwork the govt force the agents to give to the tenants for the tenants benefit so perhaps thats why they charge £60 +vat.
How to rent booklet? amoung the other bits of paperwork agents are required by the govt to 'give' to tenants - do you think fairys pay for this?
Rent prices increase - if you think you can rent cheaper then move out. The agents sound like they are doing a good job for the landlord - keeping a good tenant and getting more rent. You admitted that they could re-let at a higher rent and instantly. perhaps your getting a good deal? The owners costs will have increased with the new regulations. You do realise the govt is currently trying to screw over private landlords? if their costs increase your rent will increase. If the agents costs increase your rent will increase or direct fees will increase. catch the drift of this?
If you were a bad tenant then you would get given notice to leave even if you paid the rent on time. So you being 'good' is only whats expected.
So slagging off the agents without giving them a chance of reply is a bit s
te in my books. But Im simple so what do i know. If you create too much hassle for the agents they will report this back to the landlord and 'recommend ' that they give you notice and find new tenants at a higher rent who wont cause as much hassle or concern. You have already highlighted to the owner you want to cut out the agent which will sound dodgy to the owner and pissed the agents already. Dont give them more reason to question if you are such a 'good' tenant as its easy for an owner to relet.romeogolf said:
We rent. I've posted previously here and here about rent increases and what happens at the end of our tenancy each year.
We've received this letter today. I hope it's not too small to read.
But I'm just angry. I'm angry that our agent gets away with charging £72 every 12 months and forces us to pay this fee or be evicted. I'm angry that our landlord doesn't care, that he's been sucked in to their web of being able to increase rent annually and not caring for the fact that we've been good tenants. I suppose as a hands-off agent-does-it-all landlord he doesn't give a rat's as long as he gets his cut of the rent each month.
My other half won't fight it. He'll pay any rent they ask because he sees the increases as inevitable. They're not. They're only inevitable because we, as tenants in general, accept them. And because he doesn't care for fighting it I'm going to shout here on the internet instead of at him.
Were it down to me, I'd ignore this. I'd wait until they chase. Maybe I'd offer to pay their fee if they negotiated the rent to stay the same. Maybe I'd offer to pay the increased rent if they waived their fee. But why would they? They work for the landlord. If they increase our rent, they get a bigger income each month from us. If we move out, they get to charge the landlord another tenant-finding fee, they get to charge new tenants a registration fee (over £200 from memory) and with the market as it is, they'd have the place filled within a week of us leaving.
So yes, I'm angry. There's nothing that can be done, nothing that's going to change by me ranting here, and I've no doubt at least five of you will make derisory comments. But maybe one or two will share in my anger and just grumble with me and make me feel better. And no, I don't know what an "intension" is either, but letting agents are a simple bunch, aren't they?
So whats the solution? ask the govt to allow more houses to be build this in turn will affect the suply/demand and thus your costs.We've received this letter today. I hope it's not too small to read.
But I'm just angry. I'm angry that our agent gets away with charging £72 every 12 months and forces us to pay this fee or be evicted. I'm angry that our landlord doesn't care, that he's been sucked in to their web of being able to increase rent annually and not caring for the fact that we've been good tenants. I suppose as a hands-off agent-does-it-all landlord he doesn't give a rat's as long as he gets his cut of the rent each month.
My other half won't fight it. He'll pay any rent they ask because he sees the increases as inevitable. They're not. They're only inevitable because we, as tenants in general, accept them. And because he doesn't care for fighting it I'm going to shout here on the internet instead of at him.
Were it down to me, I'd ignore this. I'd wait until they chase. Maybe I'd offer to pay their fee if they negotiated the rent to stay the same. Maybe I'd offer to pay the increased rent if they waived their fee. But why would they? They work for the landlord. If they increase our rent, they get a bigger income each month from us. If we move out, they get to charge the landlord another tenant-finding fee, they get to charge new tenants a registration fee (over £200 from memory) and with the market as it is, they'd have the place filled within a week of us leaving.
So yes, I'm angry. There's nothing that can be done, nothing that's going to change by me ranting here, and I've no doubt at least five of you will make derisory comments. But maybe one or two will share in my anger and just grumble with me and make me feel better. And no, I don't know what an "intension" is either, but letting agents are a simple bunch, aren't they?
Edited by romeogolf on Wednesday 24th February 14:33
superlightr said:
So you dont think a rent increase is justified? So you dont think the agents could re-let the house at a higher rent? So you are getting a lower then market price for the property? and you are still moaning?
I think they could let it at £925 - But more likely it will go up at £900 as it was when we moved in and in a year's time the next tenant would be asked to pay £925. A similar flat the other side of our car park is currently available at £850/month and another nearby is £895. It would save us £900 in rent to move. Less moving costs, less new registration fees with a new agent, less all the hassle... So, not worth it. And they know that, which is why these little-by-little increases are so popular.superlightr said:
You do realise how much legislation and regulations letting agents have imposed on them recently for your 'benfit' no? - didnt think so.
Firstly there is no regulation of private letting in the UK. Any regulations such as gas certificates and insurance is to be provided by the landlord, not the agent.superlightr said:
So for an extra £25 a month the agents get an extra £2.50 a month -
not even enough to cover the postage cost of the tenancy agreements, let alone the extra time, the cost of the infrastructure and the risk/liability of getting it wrong. Dont forget the tax and the cost of the paperwork the govt force the agents to give to the tenants for the tenants benefit so perhaps thats why they charge £60 +vat.
How to rent booklet? amoung the other bits of paperwork agents are required by the govt to 'give' to tenants - do you think fairys pay for this?
£2.50 a month on top of the £90 they already receive, plus the £72/year in renewals fees. All of the paperwork and so on that you list should be funded by the landlord, not the tenant. The agent does not work for the tenant. The only paperwork we receive is a tenancy agreement and a fact sheet about our deposit. These are generic enough to not require a fee for each renewal.not even enough to cover the postage cost of the tenancy agreements, let alone the extra time, the cost of the infrastructure and the risk/liability of getting it wrong. Dont forget the tax and the cost of the paperwork the govt force the agents to give to the tenants for the tenants benefit so perhaps thats why they charge £60 +vat.
How to rent booklet? amoung the other bits of paperwork agents are required by the govt to 'give' to tenants - do you think fairys pay for this?
superlightr said:
Rent prices increase - if you think you can rent cheaper then move out. The agents sound like they are doing a good job for the landlord - keeping a good tenant and getting more rent. You admitted that they could re-let at a higher rent and instantly. perhaps your getting a good deal?
Yes, rents increase over time. As mentioned above I am aware of rents for the area. Yes, the agents are doing a fantastic job for the landlord, for whom they work, but less so for the tenant who bears the brunt of their 'good work'. We are getting an average deal, no better or worse than elsewhere, but the longer you stay in a single property the worse the deal gets as often the rent will increase quicker than the local area.
superlightr said:
The owners costs will have increased with the new regulations. You do realise the govt is currently trying to screw over private landlords? if their costs increase your rent will increase. If the agents costs increase your rent will increase or direct fees will increase. catch the drift of this?
Yes. As well as being a private tenant I am also a private landlord of 3 properties. I am well aware of the costs involved, I am also aware of the tax changes being implemented 14 months from now. I am also aware that interest rates have not risen and that our current landlord recently remortgaged the property we rent from him, so his costs should not have increased substantially at all.superlightr said:
If you were a bad tenant then you would get given notice to leave even if you paid the rent on time. So you being 'good' is only whats expected.
Again as a private landlord, I am well aware of what is expected of tenants. A tenant paying rent on time is 'expected' but not always a given. Equally a tenant who treats the property with respect is hoped for, but not always provided. The landlord runs the risk of turfing us out and replacing us with a tenant who pays intermittently or damages the property. It's why when we moved in initially we were only offered a 6-month tenancy as a 'test run'.superlightr said:
So slagging off the agents without giving them a chance of reply is a bit ste in my books. But Im simple so what do i know. If you create too much hassle for the agents they will report this back to the landlord and 'recommend ' that they give you notice and find new tenants at a higher rent who wont cause as much hassle or concern. You have already highlighted to the owner you want to cut out the agent which will sound dodgy to the owner and pissed the agents already. Dont give them more reason to question if you are such a 'good' tenant as its easy for an owner to relet.
Slagging them off? I'm simply stating what they have done and how I feel about it. I've not lied or bent the truth. I'm assuming from your "I'm simple" remark that you've taken this quite personally - Are you a letting agent?te in my books. But Im simple so what do i know. If you create too much hassle for the agents they will report this back to the landlord and 'recommend ' that they give you notice and find new tenants at a higher rent who wont cause as much hassle or concern. You have already highlighted to the owner you want to cut out the agent which will sound dodgy to the owner and pissed the agents already. Dont give them more reason to question if you are such a 'good' tenant as its easy for an owner to relet.I'm sure the agent could report back to the landlord that we're hassle and recommend he find someone new - and frankly if he did that more fool him. Not only would he need to pay their tenant-find fee again, he'd probably need to give the flat a lick of paint to keep it fresh for the next person. He'd also need to stump up the money, as stated by a previous poster, to apply to the court and evict us. A lot of hassle for £300, no?
superlightr said:
So whats the solution? ask the govt to allow more houses to be build this in turn will affect the suply/demand and thus your costs.
If you can't work out basic punctuation and spelling I'm going to get bored of replying to you very quickly.As for a solution we could follow Scotland's lead and abolish fees for tenants. At the end of the day, the agent works for the landlord, not the tenant, so the tenant should not be funding the agent.
We should also enforce the option of a 2-year tenancy by default if the tenant requests one. It provides security of tenure and allows the tenant to negotiate on rent for a longer period before the property becomes their home. It's much easier for a tenant to be firm on price when they have another place to call home; When you're negotiating on the roof over your head, you have the weaker hand by default.
We definitely have a shortage of homes which are affordable to the average occupier. Increased house building would reduce rents and purchase costs, but that's not the issue here. The issue here is instability and excess charges.
romeogolf said:
superlightr said:
So you dont think a rent increase is justified? So you dont think the agents could re-let the house at a higher rent? So you are getting a lower then market price for the property? and you are still moaning?
I think they could let it at £925 - But more likely it will go up at £900 as it was when we moved in and in a year's time the next tenant would be asked to pay £925. A similar flat the other side of our car park is currently available at £850/month and another nearby is £895. It would save us £900 in rent to move. Less moving costs, less new registration fees with a new agent, less all the hassle... So, not worth it. And they know that, which is why these little-by-little increases are so popular.superlightr said:
You do realise how much legislation and regulations letting agents have imposed on them recently for your 'benfit' no? - didnt think so.
Firstly there is no regulation of private letting in the UK. Any regulations such as gas certificates and insurance is to be provided by the landlord, not the agent.superlightr said:
So for an extra £25 a month the agents get an extra £2.50 a month -
not even enough to cover the postage cost of the tenancy agreements, let alone the extra time, the cost of the infrastructure and the risk/liability of getting it wrong. Dont forget the tax and the cost of the paperwork the govt force the agents to give to the tenants for the tenants benefit so perhaps thats why they charge £60 +vat.
How to rent booklet? amoung the other bits of paperwork agents are required by the govt to 'give' to tenants - do you think fairys pay for this?
£2.50 a month on top of the £90 they already receive, plus the £72/year in renewals fees. All of the paperwork and so on that you list should be funded by the landlord, not the tenant. The agent does not work for the tenant. The only paperwork we receive is a tenancy agreement and a fact sheet about our deposit. These are generic enough to not require a fee for each renewal.not even enough to cover the postage cost of the tenancy agreements, let alone the extra time, the cost of the infrastructure and the risk/liability of getting it wrong. Dont forget the tax and the cost of the paperwork the govt force the agents to give to the tenants for the tenants benefit so perhaps thats why they charge £60 +vat.
How to rent booklet? amoung the other bits of paperwork agents are required by the govt to 'give' to tenants - do you think fairys pay for this?
superlightr said:
Rent prices increase - if you think you can rent cheaper then move out. The agents sound like they are doing a good job for the landlord - keeping a good tenant and getting more rent. You admitted that they could re-let at a higher rent and instantly. perhaps your getting a good deal?
Yes, rents increase over time. As mentioned above I am aware of rents for the area. Yes, the agents are doing a fantastic job for the landlord, for whom they work, but less so for the tenant who bears the brunt of their 'good work'. We are getting an average deal, no better or worse than elsewhere, but the longer you stay in a single property the worse the deal gets as often the rent will increase quicker than the local area.
superlightr said:
The owners costs will have increased with the new regulations. You do realise the govt is currently trying to screw over private landlords? if their costs increase your rent will increase. If the agents costs increase your rent will increase or direct fees will increase. catch the drift of this?
Yes. As well as being a private tenant I am also a private landlord of 3 properties. I am well aware of the costs involved, I am also aware of the tax changes being implemented 14 months from now. I am also aware that interest rates have not risen and that our current landlord recently remortgaged the property we rent from him, so his costs should not have increased substantially at all.superlightr said:
If you were a bad tenant then you would get given notice to leave even if you paid the rent on time. So you being 'good' is only whats expected.
Again as a private landlord, I am well aware of what is expected of tenants. A tenant paying rent on time is 'expected' but not always a given. Equally a tenant who treats the property with respect is hoped for, but not always provided. The landlord runs the risk of turfing us out and replacing us with a tenant who pays intermittently or damages the property. It's why when we moved in initially we were only offered a 6-month tenancy as a 'test run'.superlightr said:
So slagging off the agents without giving them a chance of reply is a bit ste in my books. But Im simple so what do i know. If you create too much hassle for the agents they will report this back to the landlord and 'recommend ' that they give you notice and find new tenants at a higher rent who wont cause as much hassle or concern. You have already highlighted to the owner you want to cut out the agent which will sound dodgy to the owner and pissed the agents already. Dont give them more reason to question if you are such a 'good' tenant as its easy for an owner to relet.
Slagging them off? I'm simply stating what they have done and how I feel about it. I've not lied or bent the truth. I'm assuming from your "I'm simple" remark that you've taken this quite personally - Are you a letting agent?te in my books. But Im simple so what do i know. If you create too much hassle for the agents they will report this back to the landlord and 'recommend ' that they give you notice and find new tenants at a higher rent who wont cause as much hassle or concern. You have already highlighted to the owner you want to cut out the agent which will sound dodgy to the owner and pissed the agents already. Dont give them more reason to question if you are such a 'good' tenant as its easy for an owner to relet.I'm sure the agent could report back to the landlord that we're hassle and recommend he find someone new - and frankly if he did that more fool him. Not only would he need to pay their tenant-find fee again, he'd probably need to give the flat a lick of paint to keep it fresh for the next person. He'd also need to stump up the money, as stated by a previous poster, to apply to the court and evict us. A lot of hassle for £300, no?
All this does cost money and as mentioned you as a tenant will pay this either directly or indirectly with higher rents.
If you are landlord yourself I hope you are using an agent otherwise you will be making some expensive mistakes on your paperwork otherwise.
You do realise the risk of penalties and fines to an agent are huge in getting any part of the tenancy/notice and paperwork wrong? Tenants have a free redress scheme which the agents have to fund if you dont agree with the agents, Tenants have a free deposit scheme if they dont agree with any deductions proposed.
So are you saying you wont leave the property without a court order? you will force the owner to go to court to recover his property even though he has given you the correct 2 months notice? And your a landlord yourself? !
Stump up the money? of which court fees are recoverable - try renting another property if you are taken to court. Good luck with a reference from your agents if you go down that route.
It sounds like to me (as a letting agent) you are getting a fair deal. If you use a letting agent have a chat to them about the changes in legislation over the last 12 mnths and how they feel about it and the cost.
If laws are changed so agents cant charge tenants the cost will be made to the landlord and the rents will increase - in fact they will increase more then a direct fee to a tenant. We have costed this out for our landlords - it will cost a tenant more if they stay longer then 1 year then if they paid the initial admin fees.
Edited by superlightr on Wednesday 24th February 17:21
Edited by superlightr on Wednesday 24th February 17:25
Edited by superlightr on Wednesday 24th February 17:42
romeogolf said:
superlightr said:
So whats the solution? ask the govt to allow more houses to be build this in turn will affect the suply/demand and thus your costs.
If you can't work out basic punctuation and spelling I'm going to get bored of replying to you very quickly.Dont reply/comment if you dont want to. Im not holding my breath.
At least you wont be moaning.
Edited by superlightr on Wednesday 24th February 17:39
Edited by superlightr on Wednesday 24th February 17:40
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