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Letting Agent Shuts Down Over Owing Thousands of Pounds
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Letting Agent Shuts Down Over Owing Thousands of Pounds
A letting agent is believed to have shut down over owing thousands of pounds to clients in unpaid rent and holding deposits.
Evictions firm Landlord Action reports that it has been instructed to recover over £10,000 for one landlord and £8,000 for another, but says that more cases are surfacing on a daily basis.
It says that the case is ongoing and will be investigated in the Channel Five programme, Nightmare Tenants Slum Landlords, next spring.
Landlord Action says there are signs that the agent has ceased trading.
Landlord Action has highlighted a specific case, in which the landlord claims the tenant living in their rental property is not the person who signed the tenancy agreement. The new tenant claims that they have paid rent to the agent.
Landlord Action found that new prospective tenants viewed the property as recently as 19th August, with these renters paying a total of £4,420 in a deposit and one month’s rent in advance.
The landlord has been unable to contact the agent.
