UK Landlord Forum / Life

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It is claimed the company, one of the biggest managing agents in the capital, is requiring its clients to pay commission after the initial fixed period of a tenancy has expired.

The Government body has been prompted to act after receiving a flurry of complaints and after the company was investigated by the BBC Watchdog programme earlier this year.

The estate agency contends that its agreements with landlords are not unfair and insists it is doing nothing wrong, but the OFT has issued High Court proceedings under the Unfair Terms in Consumer Contract Regulations in attempt to stop the company continuing to draw up these contracts.

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Something similar actually happened to me once. I used a letting agent called Kings. I went full management with them for a year, but didn't need them after that. I wanted to keep the same tenant, but didn't need the agency running the show. They wanted me to pay them 10% of my yearly rental income to keep my tenant. They even threatened me with legal action. I told them to fuck off. I never heard a word from them after that

Anyways, what a rip-off...