JohnBoot Posted August 2, 2013 Report Share Posted August 2, 2013 Even if I use a letting agent can i not arrange to make routine inspections myself if agreed with the tenant. Rather than be charge £50 a time for the privilege? Link to comment Share on other sites More sharing options...
Melboy Posted August 2, 2013 Report Share Posted August 2, 2013 You could ask them. Don't forget LA's are in the business of making money from landlord's and tenant's so they want your Dosh by any means. Link to comment Share on other sites More sharing options...
Grampa Posted August 3, 2013 Report Share Posted August 3, 2013 Blimey 50 quid a pop. mmmmmmmmmm Link to comment Share on other sites More sharing options...
Melboy Posted August 3, 2013 Report Share Posted August 3, 2013 Blimey 50 quid a pop. mmmmmmmmmm Yes that's what I thought as well Bit excessive eh! Link to comment Share on other sites More sharing options...
Grampa Posted August 3, 2013 Report Share Posted August 3, 2013 I know agencies get a bad reputation for the fees they charge to landlords and tenants but I believe they have to charge some extras to make it a viable business. Some do go overboard with the amount they charge but the landlords shouldn't sign up to anything they disagree with or are not prepared to pay. The same goes for tenants they are happy to sign on the dotted line then moan when it is time to pay.As been mentioned on one of the other topics, agents now have to list their fees (for tenants) in any advertising so the poor darlings are aware. Though we have it in big bold letters on the front of the application forms anyway so I cant seeing making any difference. Link to comment Share on other sites More sharing options...
Grampa Posted August 3, 2013 Report Share Posted August 3, 2013 Yes that's what I thought as well Bit excessive eh!I could generate a extra 45k pa if I was to do that but somehow I don't think my landlords would be happy. Link to comment Share on other sites More sharing options...
Chestnut Posted August 3, 2013 Report Share Posted August 3, 2013 £50 ? How many (professional) hours does it take to do inspection and check inventory for 2 bedroom property? I don't know minimum time because I do mine concurrently with gas check/ appliance service visit which takes Corgi guy about 1.5 - 2 hours. Link to comment Share on other sites More sharing options...
Grampa Posted August 4, 2013 Report Share Posted August 4, 2013 Our visits last 10-15 minutes and are a visual walk through and a discussion with the tenant about any maintenance issues. Then back to the office to type up a 2 page report for the landlord and action any maintenance works.I don't do the inspection, check outs or inventories but I know we have just taken on and let a 4 bed det house and the inventory took someone the best part of a day to do. Link to comment Share on other sites More sharing options...
Chestnut Posted August 4, 2013 Report Share Posted August 4, 2013 Thanks Grampa, With travel time, visit, inventory update (as required), report to landlord, and actions to organise, plus any expenses, it puts £50 charge into perspective. But wouldn't this normally be included in agreed management charge (% of rent)? Link to comment Share on other sites More sharing options...
Grampa Posted August 4, 2013 Report Share Posted August 4, 2013 Yes it does for my agency and I don't know of any LA in my area who does charge unless it is for requested extra visits. Link to comment Share on other sites More sharing options...
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