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General Category / Tenancies / Re: tenancy agreement
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on: February 05, 2007, 02:07:52 PM
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No, he needs to provide written notification.
The two months is correct, the tenancy would be a statutory periodic tenancy, but if he tried through the courts to evict with only verbal notification he will get nowhere
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General Category / Tenancies / Tenant Default
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on: February 05, 2007, 02:06:05 PM
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I have two tenants who in the last 12 months have left properties owing monies (I do run an agency so it is not as bad as this sounds)
In one case we had the tenant removed, but in the second, she disappeared.
Does anybody know of any good debt collection agencies who are able to do a location service too?
thanks
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General Category / Agency Issues / Re: New letting service
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on: February 05, 2007, 01:58:33 PM
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I too have this problem at times, although it can be reassuring to new landlords that you cannot keep up with supply, it does not help revenue
I try a number of methods, but it does seem to take a while to get established. The only way i have successfully pulled in new landlords who would have done it themselves, is to tactfully show the costs of DIY and then what it does cost with an agent.
I am worth my weight in gold, the same cannot be said for agents i have used in the past, so if some landlords have bad experiences with agents it is understandable.
The biggest benefit you can offer is no let no fee... then set realistic fees.
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General Category / Agency Issues / Re: New landlord
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on: February 05, 2007, 01:55:21 PM
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You cannot take any delays or excuses, start any reposession notices straight away, if they are pulling a fast one and want to stay there they will find the money.
Then if it is that they are bad tenants you have started the reposession route at your earliest opportunity.
It doesnt matter that you take reposession proceedings and they pay, this can cancel this out, then it is up to you if you want to renew the tenancy at the end of its term
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General Category / Agency Issues / Re: Agent commssion
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on: February 05, 2007, 01:51:44 PM
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The amount of commission the agent can charge is basically what he can get away with without loosing business, but is usually in the region of what other agencies are charging in his area.
However, what he does charge should be clearly stated in the contract you signed with them at the begining, when you initially registered your property with them. Often the charge covers a 12 month period, but if the tenant does not remain in the property for this amount of time, no charge would be levied to find a new tenant.
Hope this helps. We only charge a fee to find a tenant, irrespective of how long the tenancy actually lasts.
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