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Letting Agency franchisees "stripped of licences"
tbs624
Posts: 10,816 Forumite
Estate Agency Today has a news item here about 3 franchisees and an investigation £190,000 worth of tenancy deposits.
Couldn't see any mention of this on the franchisor's own website however, just the usual LA self backslapping. Wonder what auditing processes are in place?
There's a thread elsewhere on the board about a particular Manchester LA and the trail of LLs and Ts who are owed rent/deposit money from one his offices & yet it looks as though he has now set up under a new name.
The current system with tenancy deposits still seems to have major flaws..............suggestions, anyone, on how both Ts and LLs can both be better protected over tenancy deposits?
(Clearly some LLs are suffering at the hands of dodgy LAs, who fully utilise the fact that ultimately it is the LL who has to repay that deposit)
Couldn't see any mention of this on the franchisor's own website however, just the usual LA self backslapping. Wonder what auditing processes are in place?
There's a thread elsewhere on the board about a particular Manchester LA and the trail of LLs and Ts who are owed rent/deposit money from one his offices & yet it looks as though he has now set up under a new name.
The current system with tenancy deposits still seems to have major flaws..............suggestions, anyone, on how both Ts and LLs can both be better protected over tenancy deposits?
(Clearly some LLs are suffering at the hands of dodgy LAs, who fully utilise the fact that ultimately it is the LL who has to repay that deposit)
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