Letting Agents.

peter_the_piper

DD has rented out her house whilst she is working in Thailand. Letting agents have just sent a statement for the taxman of income and expenditure.
Ignoring the exorbitant cost of the letting the 2 sheets of computer generated paper (including post) was £66.00
The most expensive bit of paper I have ever had.

ps. they won't be around much longer when DD comes back for summer hols.

bod1467

Didn't someone have to spend time (hence cost) enter the details into the computer in the first place?

dealer_wins

Dont forget other costs apart from the 2 pieces of paper and ink.

Shop rent, shop rates, gas, electricity, water, internet, telephone, equipment cost, equipment maintenance, consumables, staff wages, decor, furnishings, insurance etc etc etc

peter_the_piper

Do these not come out of the 65 a month we pay them to do this sort of thing?

pendragon_arther

dealer_wins wrote: »

Dont forget other costs apart from the 2 pieces of paper and ink.

Shop rent, shop rates, gas, electricity, water, internet, telephone, equipment cost, equipment maintenance, consumables, staff wages, decor, furnishings, insurance etc etc etc

Porsche, speedboat, Spanish villa...

paddyrg

peter_the_piper wrote: »

Do these not come out of the 65 a month we pay them to do this sort of thing?

The job of an agent is to soak up the profit from a deal they arrange. £65/month is less than some charge, so maybe they're bidding low and making it up on the frills, Ryanair-style.

peter_the_piper

Now that retirement looms I'll be taking on the task myself. I've got a few months of learning and getting advice from others in similar position. DD let the house whilst abroad and just charged enough to pay the mortgage and the fees. By doing it myself it will give her some more flexibility as the slightest repair job puts the account in the red. Cue Dad to the rescue.

MothballsWallet

pendragon_arther wrote: »

Porsche, speedboat, Spanish villa...

You forgot one: Teeth whitening.

Ratison

I had the same thing - thought it was nice of them to summarise it all in one statement, but when I saw the invoice, I realised how much of a fool I'd been. Especially as I get monthly statements anyway, I wish I could opt out!

peter_the_piper

DD home in June and we'll be trying to opt out then. I hope they don't try to con us with an exit fee.

chippy2u

Letting agents = Legalised theft! Unlike estate agents, letting agents are totally unregulated so they can write their own T&Cs and rip-off landlords and tenants!!