Watch Out For Letting Agents Running Off With Your Cash!
With business for letting agents booming while profits from estate agency has plunged in the last twelve months, it is important for both owners and renters to remember that letting agents aren’t controlled and though there are some great letting agents out there, there is the potential for them to run off with YOUR money.
there were a number of stories developing in the last twelve months of realtors who have turned to lettings to help cover their bills, then have got into fiscal problems and as such have not:-. The result being that some letting agents, either through bad business or sadly thru bad practices aren’t running their Letting Agents Glasgow in the right demeanour and both renters and owners are losing out as a result. As an example, Martin and Company has one of its franchised companies in Chester going into liquidation owing over £200,000 and notwithstanding the proven fact that they are meant to be “the UK’s number one letting agent” they have recently had 5 cases of misusing tenants’ deposits.
Latterly according to the Oxford Mail, 2 letting agents and their houses were raided by the police, following grouses to Trading Standards by renters and owners who were missing rental earnings and not having their deposits repaid.
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