sylvie9648 Posted March 16, 2008 Report Share Posted March 16, 2008 Hello, I let a flat out with an agent 7 months ago and while the tenant is no problem, the agent is a problem. The verbal agreement was that I would receive the rent 10 days after the tenant paid. For 5 months, it's been nearer 3 weeks after the tenants have paid. Since they have had problems with their BACS payments, how they get the money to me is very random and even when we agree a method of payment, they 'forget'. I usually have to phone them endlessly and go to pick up the money personally. They haven't done repairs to the flat when needed: the tenants had no light in the bathroom for 2 months. And they bought furniture for the flat without my agreement. I now want to end the contract with the agent. And the tenants want to stay. The agent may ask for £500 to end the contract before the 12 month AST is up. It seems the agent is in breach of contract. Legally, am I liable to pay the £500 if asked for it? The tenants deposit is also being held by the agent - does anyone know if the agent can hold on to this? Much thanks Link to comment Share on other sites More sharing options...
simhar Posted March 16, 2008 Report Share Posted March 16, 2008 I think so ! cheers simhar Web: Properite Landlord Software - http://www.properite.co.uk Link to comment Share on other sites More sharing options...
GPEL Posted March 16, 2008 Report Share Posted March 16, 2008 I think not Cheers Me Link to comment Share on other sites More sharing options...
Simon Dewsberry Posted March 17, 2008 Report Share Posted March 17, 2008 How do we get simhar banned ? Agent can "hold" bond if protected by ins scheme....and if not as well ...but either you or agent will be liable to 3x penalty if T becomes aware and acts on this situaton The Rodent Link to comment Share on other sites More sharing options...
sylvie9648 Posted March 17, 2008 Author Report Share Posted March 17, 2008 Thanks all. Thinking now it might just be easier to get tenants to leave next month. Gave notice mid-Feb. Save all the hassle with the deposit. Tenants want to stay but unless they want to crow-bar the money out of the agency.... Link to comment Share on other sites More sharing options...
GPEL Posted March 17, 2008 Report Share Posted March 17, 2008 The deposit is the tenant's money regardless of who holds it. Terminate the management agreement and the agent must hand it over if the tenant puts it in writing. Link to comment Share on other sites More sharing options...
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