I'm wondering if any of you seasoned landlords out there could offer any advice?
I am another reluctant landlord, having to let my one bedroom apartment to move to a family home.
Initially I was going to let and manage the property myself but quickly realised that this was going to be impossible as I was not living in the same area and have family commitments. So I called a few agents to get a quote.
One agent in particular was very eager and made things easy for me. I had placed the initial advert and had set up viewings with prospective tenants. He said that he would meet the tenants that I had set up viewings for. Obviously this solved a big problem for me so I agreed to meet with him.
I ended up engaging his service for letting and managing the property for the year. He did a good job convincing me.
Initially he did his job and met the tenants and recommended one to me and agreed to forward all the necessary paperwork (lease, references, passport) plus the money owed to me (1st month rent + deposit minus his fee).
He arranged a date for the tenant to move in and did lodge the money owed into my account (thankfully!) however since then will not return my calls/emails. I have no paperwork and aside from the name of the tenant, do not know who is renting my apartment.
I have registered the tenancy with the PRTB but have been unable to state that it is "managed" as I do not have the CRO or PPS number of the letting agent. I also do not have a receipt for the fees paid which I will require for tax return at the end of the year.
I have now given up trying to contact him but was wondering if there is any recourse for me. I assume he will not take a call from the tenant either if there is a problem during the year as that would mean he would have to make contact with me. He did quote his fee + VAT however I cannot find a registered VAT number for him.
Can I still deduct fees paid from my tax bill even though I do not have a receipt from him? I didn't sign anything with him either, he just gave me his paperwork of what would be done in exchange for the fees.
I know I have to take the hit this time for my poor vetting of him and will most likely have to pay another letting agent. However I would like to see if there is any way of reporting him or preventing others getting fleeced by him?
He was an independent agent whose details I got from an add on one of the property add websites, Any thoughts?
Thanks
I am another reluctant landlord, having to let my one bedroom apartment to move to a family home.
Initially I was going to let and manage the property myself but quickly realised that this was going to be impossible as I was not living in the same area and have family commitments. So I called a few agents to get a quote.
One agent in particular was very eager and made things easy for me. I had placed the initial advert and had set up viewings with prospective tenants. He said that he would meet the tenants that I had set up viewings for. Obviously this solved a big problem for me so I agreed to meet with him.
I ended up engaging his service for letting and managing the property for the year. He did a good job convincing me.
Initially he did his job and met the tenants and recommended one to me and agreed to forward all the necessary paperwork (lease, references, passport) plus the money owed to me (1st month rent + deposit minus his fee).
He arranged a date for the tenant to move in and did lodge the money owed into my account (thankfully!) however since then will not return my calls/emails. I have no paperwork and aside from the name of the tenant, do not know who is renting my apartment.
I have registered the tenancy with the PRTB but have been unable to state that it is "managed" as I do not have the CRO or PPS number of the letting agent. I also do not have a receipt for the fees paid which I will require for tax return at the end of the year.
I have now given up trying to contact him but was wondering if there is any recourse for me. I assume he will not take a call from the tenant either if there is a problem during the year as that would mean he would have to make contact with me. He did quote his fee + VAT however I cannot find a registered VAT number for him.
Can I still deduct fees paid from my tax bill even though I do not have a receipt from him? I didn't sign anything with him either, he just gave me his paperwork of what would be done in exchange for the fees.
I know I have to take the hit this time for my poor vetting of him and will most likely have to pay another letting agent. However I would like to see if there is any way of reporting him or preventing others getting fleeced by him?
He was an independent agent whose details I got from an add on one of the property add websites, Any thoughts?
Thanks