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Making an Offer on Rental Property

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thank you for letting me know your thoughts. But, I must say, if thats your opinion, than you arent a very good judge of character. I would say that is probably a better description of most estate agents I have met

    I have little respect for most estate agents (most of them are clueless, no qualifications and dont understand what is happening in the economy) and I loathe having to pay them £150 for a credit check and photocopying their useless generic contract which is full of crap that wouldnt stand up in court (my partner is a trainee lawyer).

    I also loathe my rent being 5-10% higher because they are pocketing it for doing absolutely nothing (im referring to typical LA charge on unmanaged property) other than collecting the rent and then forwarding it to the landlord.

    And 5 - 10% on a £1100 a month on a 1 bedroom shoebox flat is a significant amount of money.

    Im simply looking at ways to cut out the middleman and save money - something what this forum is all about.

    There are good and bad in every profession. The legal profession isn't exempt either.

    Its a LL's choice why they do something a particular way.

    If you don't like the terms offered move on.
  • angrypirate
    angrypirate Posts: 1,151 Forumite
    tbs624 wrote: »
    If you're that judgemental maybe most would prefer not to let from you? It's not only LAs who can run credit checks, and the OP hasn't indicated he's not willing to be subject to one

    Wouldn't a void of less than two months end up costing the LL more than taking the OPs offer for a 12 month contract?

    You could always say to the LL that you would be happy to deal direct or with the LA, but that the max you are willing to offer is £xxxx. Nothing ventured, nothing gained.....

    Thanks TBS
    For the record, Id always allow references from previous landlords and current employer and Id be happy to be credit checked.
    In todays market i would quite like to run a credit check on the LL - something that led me onto land registry in the first place. I was able to find out the LLs registered address (just down the road from the property) and that the LL bought the place sometime ago without a mortgage.
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