LATEST: Rogue letting agencies kicked out of sector after failing to pay landlords compensation
Landlords are being warned about three lettings agencies which have been expelled from the industry after failing to pay awards for poor service and, in one case, ‘recklessly’ referencing a tenant.
The three agents who between them owe landlords nearly £5,000 in compensation are Saville Park Ltd in Slough, Sun Properties in Leicester and Property Dragon in Porth, Wales.
All three had been directed to pay awards to landlords who had complained about poor service and, after these issues were not sorted out informally, referred to The Property Ombudsman (TPO).
Two of them are understood to be trading under alternative names but with the same directors or ownership.
But, as is the case for all the ombudsman schemes, the three lettings agencies are now banned from operating within the industry legally because they no longer have access to redress.
TPO says it understands that The Property Dragon Limited has already ceased trading and has been dissolved and removed from Companies House, but could be trading as Property Solutions Wales Porth.
The Property Dragon failed to pay a landlord £1,180 compensation after the firm’s management of a property failed to reach minimum standards set out in TPO’s Code of Practice.
Tenant complaints
Saville Park Ltd in Slough has been expelled after tenants complained about repairs and maintenance of their rental property, the provision of documentation, the end of tenancy procedures, provision of the landlord’s details and complaints handling.
But the more shocking of the three cases is Sun Properties in Leicester which was required to pay £3,220 in compensation after a landlord complained that the firm had carried out ‘reckless’ references on a tenant and used a deposit to clear rent arrears.
The ombudsman found that the agency had failed to carry out even basic checks on the tenant, had only obtained a single landlord reference and not checked a guarantor. The tenant stopped paying the rent soon after taking up the tenancy and caused damage to the property totalling £500.
Sun Properties’ has a website but appears not to be trading and instead, TPO warns, appears to have ‘phoenixed’ as Sunrise Properties Leicester.
©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – LATEST: Rogue letting agencies kicked out of sector after failing to pay landlords compensation | LandlordZONE.
View Full Article: LATEST: Rogue letting agencies kicked out of sector after failing to pay landlords compensation
Post comment
Categories
- Landlords (19)
- Real Estate (9)
- Renewables & Green Issues (1)
- Rental Property Investment (1)
- Tenants (21)
- Uncategorized (11,861)
Archives
- November 2024 (52)
- October 2024 (82)
- September 2024 (69)
- August 2024 (55)
- July 2024 (64)
- June 2024 (54)
- May 2024 (73)
- April 2024 (59)
- March 2024 (49)
- February 2024 (57)
- January 2024 (58)
- December 2023 (56)
- November 2023 (59)
- October 2023 (67)
- September 2023 (136)
- August 2023 (131)
- July 2023 (129)
- June 2023 (128)
- May 2023 (140)
- April 2023 (121)
- March 2023 (168)
- February 2023 (155)
- January 2023 (152)
- December 2022 (136)
- November 2022 (158)
- October 2022 (146)
- September 2022 (148)
- August 2022 (169)
- July 2022 (124)
- June 2022 (124)
- May 2022 (130)
- April 2022 (116)
- March 2022 (155)
- February 2022 (124)
- January 2022 (120)
- December 2021 (117)
- November 2021 (139)
- October 2021 (130)
- September 2021 (138)
- August 2021 (110)
- July 2021 (110)
- June 2021 (60)
- May 2021 (127)
- April 2021 (122)
- March 2021 (156)
- February 2021 (154)
- January 2021 (133)
- December 2020 (126)
- November 2020 (159)
- October 2020 (169)
- September 2020 (181)
- August 2020 (147)
- July 2020 (172)
- June 2020 (158)
- May 2020 (177)
- April 2020 (188)
- March 2020 (234)
- February 2020 (212)
- January 2020 (164)
- December 2019 (107)
- November 2019 (131)
- October 2019 (145)
- September 2019 (123)
- August 2019 (112)
- July 2019 (93)
- June 2019 (82)
- May 2019 (94)
- April 2019 (88)
- March 2019 (78)
- February 2019 (77)
- January 2019 (71)
- December 2018 (37)
- November 2018 (85)
- October 2018 (108)
- September 2018 (110)
- August 2018 (135)
- July 2018 (140)
- June 2018 (118)
- May 2018 (113)
- April 2018 (64)
- March 2018 (96)
- February 2018 (82)
- January 2018 (92)
- December 2017 (62)
- November 2017 (100)
- October 2017 (105)
- September 2017 (97)
- August 2017 (101)
- July 2017 (104)
- June 2017 (155)
- May 2017 (135)
- April 2017 (113)
- March 2017 (138)
- February 2017 (150)
- January 2017 (127)
- December 2016 (90)
- November 2016 (135)
- October 2016 (149)
- September 2016 (135)
- August 2016 (48)
- July 2016 (52)
- June 2016 (54)
- May 2016 (52)
- April 2016 (24)
- October 2014 (8)
- April 2012 (2)
- December 2011 (2)
- November 2011 (10)
- October 2011 (9)
- September 2011 (9)
- August 2011 (3)
Calendar
Recent Posts
- Why Do You Really Want to Invest in Property?
- Demand for accessible rental homes surges – LRG
- The landlord exodus is fuelling a rental crisis
- Landlords enjoy booming yields – Paragon
- Landlords: Get Your Properties Sold Fast and Cash in the Bank before the New Year!