Utility Warehouse (Telecom Plus) Discussion

janninew

kippen_noedel wrote: »

My usage is already posted here on more than one occasion as you very well know.

Apart from that I think it totally disgusting that UW reps have repeatedly suggested that I should benefit personally by transferring tenants supply to a more expensive utility company.

Ebico are consistently one of the best companies for PAYG gas. as far as I now UW don't accept PAYG and if they now do, no doubt they will also be one of the most expensive companies in the UK.

Isn't the phrase 'totally disgusting' alittle OTT!! Surely the sole purpose of your business is to make money? If you can make money by transferring your tenants to UW, why wouldn't you? Do you only charge them enough rent to cover your outgoings, or do you charge them more so you can make a profit? Whats the difference?

I'm not being funny I'm really interested on your take on this. Most landlords I know want to make as much money as possible, you have had a way to make more money suggested to you, whats disgusting about that?

Cardew

kippen_noedel wrote: »

My usage is already posted here on more than one occasion as you very well know.

Don't forget 'Operastar' has stated he hasn't posted here as '1carminestocky' or 'Carespress' on moneysupermarket; yet he expects to be taken seriously.

I suspect he is now signed up as an 'Independent' UW salesman.

He is absolutely ideal for the job!

kippen_noedel

janninew wrote: »

Isn't the phrase 'totally disgusting' alittle OTT!! Surely the sole purpose of your business is to make money? If you can make money by transferring your tenants to UW, why wouldn't you? Do you only charge them enough rent to cover your outgoings, or do you charge them more so you can make a profit? Whats the difference?

I'm not being funny I'm really interested on your take on this. Most landlords I know want to make as much money as possible, you have had a way to make more money suggested to you, whats disgusting about that?

Why do I find it disgusting, simple answer really, it's the underhanded way, in which it is done.

If I could make an extra profit from the bills, without having tenants pay more, for me to benefit, of course I would consider it. Using UW would certainly be much more expensive for tenants, UW reps know this but think it acceptable for me to profit regardless. 75%+ them are PAYG anyway, so UW would be the MOST EXPENSIVE option, on average by over £200 pa or 16%.

I make enough from the properties I have already. A lot of them are what would be considered "social housing stock". I charge less than housing associations charge for furnished properties in the same area yet still manage a yield of around 6% on them. After 5 years I provide Assured Tenancies, I know of no other private landlord still providing this type of tenancy. The ones that did have all sold up.

Yes I do this for the income but that doesn't mean I have to be greedy.

janninew

kippen_noedel wrote: »

Why do I find it disgusting, simple answer really, it's the underhanded way, in which it is done.

If I could make an extra profit from the bills, without having tenants pay more, for me to benefit, of course I would consider it. Using UW would certainly be much more expensive for tenants, UW reps know this but think it acceptable for me to profit regardless. 75%+ them are PAYG anyway, so UW would be the MOST EXPENSIVE option, on average by over £200 pa or 16%.

I make enough from the properties I have already. A lot of them are what would be considered "social housing stock". I charge less than housing associations charge for furnished properties in the same area yet still manage a yield of around 6% on them. After 5 years I provide Assured Tenancies, I know of no other private landlord still providing this type of tenancy. The ones that did have all sold up.

Yes I do this for the income but that doesn't mean I have to be greedy.

Why does it have to be underhand? My sister rents a flat and its in her tenancy agreement that her landlord decides who she has her utilties with, she is changing suppliers all the time, I assume so her landlord can claim cashback from the switching web-sites. Seems lile good business sense from the landlords point of view, even though she isn't always on the cheapest deal. Not a practice I would call 'disgusting.' There are some perks to renting and also some downfalls.

If somebody suggested a way for me to make more money, I would be thankful.

kippen_noedel

janninew wrote: »

If somebody suggested a way for me to make more money, I would be thankful.

but would do it in the full knowledge that the other person would be worse off as a direct consequence of you making such a profit ?

if the answer is yes, I am disappointed.. I know the answer I'd get from the likes of Keggs, NigeWick et al

I have absolutely no problem with people getting commission etc but not where deceit is common practice, whether directly deceitful or by omission of the truth.

janninew

kippen_noedel wrote: »

but would do it in the full knowledge that the other person would be worse off as a direct consequence of you making such a profit ?

if the answer is yes, I am disappointed.. I know the answer I'd get from the likes of Keggs, NigeWick et al

I have absolutely no problem with people getting commission etc but not where deceit is common practice, whether directly deceitful or by omission of the truth.

I personally wouldn't, but then I'm not a landlord who is running a business! I'm sure alot of landlords want to make as much money as possible with little or no thought to the person it affects, that doesn't mean its wrong, its just how business is conducted.

I also don't think it has to be underhand, if its in your tenancy agreement which your tenant signs, they know full well what to expect and could always look for another place where the landlord doesn't take control of the utilities.

I think its great that your not greedy and are obviously a landlord with a conscience, some aren't, I still don't think its a disgusting practice though!

Cardew

operastar wrote: »

Get help, Walter. Or develop a backbone and attempt to take me on with the issues that are relevant to UW as opposed to your usual bluster and bluff. Globe-trotting businessman? Yeah, right.

PS Nice to see you've finally duiscovered how to spell 'independent' btw.

Bluster?

Is that 1carminestocky speaking? Or Carespress?

You are totally discredited!

JennyR68

kippen_noedel wrote: »

Why do I find it disgusting, simple answer really, it's the underhanded way, in which it is done.

If I could make an extra profit from the bills, without having tenants pay more, for me to benefit, of course I would consider it. Using UW would certainly be much more expensive for tenants, UW reps know this but think it acceptable for me to profit regardless. 75%+ them are PAYG anyway, so UW would be the MOST EXPENSIVE option, on average by over £200 pa or 16%.

I make enough from the properties I have already. A lot of them are what would be considered "social housing stock". I charge less than housing associations charge for furnished properties in the same area yet still manage a yield of around 6% on them. After 5 years I provide Assured Tenancies, I know of no other private landlord still providing this type of tenancy. The ones that did have all sold up.

Yes I do this for the income but that doesn't mean I have to be greedy.

How refreshing to come across someone with a working moral conscience, you have my respect. :T

jellygoodfellow

janninew wrote: »

My sister rents a flat and its in her tenancy agreement that her landlord decides who she has her utilties with

The Office Of Fair Trading deemed that be unfair some time ago.

http://www.oft.gov.uk/shared_oft/reports/unfair_contract_terms/oft356.pdf

Page68/127 4.2

"Clause Against changing the phone or utility supplier.

The tenant should have the choice of supplier although he may be required to keep the landlord informed of any change and to return the account to the original supplier at the end of the tenancy."

jellygoodfellow

operastar wrote: »

Do us a favour and post it up again, will you? I can't be bothered trawling through looking for it. Then we can see what we are faced with in getting you the very best deal out there...

Can you post yours?