Thursday, Feb 28, 2008
Anything to keep the costs down ...
Property Week: OFT seeks injunction against estate agents Foxtons
Most people have to earn their money, except for inverstors who have to risk their own cash and use their own skill, which is sort of working for yourself. Estate Agent are the target again, nobody has any sympathy for people who just sit there and demand money for no (or very little) work. Any landlord can then avoid putting up the rent on the next annual review if the Estate Agents fees are removed.
"The OFT objects to Foxtons' letting agreements which can potentially require landlords to pay it substantial sums in commission, where a tenant continues to occupy the landlord's property after the initial fixed period of the tenancy has expired."
Posted by fahrenheit451 @ 09:51 AM (262 views) Add Comment
1 Comment
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1. Weathly Vagrant said...
What wonderful news!
Many a times I've been tempted to urinate on a Foxton's mini if walking past one after a few beers, I don't think I ever did but I always beep and jeer at one when driving.
I sincerly can't think of a more irritating organisation on the planet, it's almost as if they're a make believe organisation in a comedy show designed to piss people off.