Rogue Estate Agent lent tenant deposit.
Tenant signed contract on 4th Nov. It took me two weeks and over 30 phone calls to get the deposit from the agent. However that was not the end it.
Estate Agent told me they had deposit and first months rent paid for by the tenant. Told tenant, they could get a 5 bedroom under LHA.
Tenant is actually entitled to only a four bedroom house, so cant pay the rent for month two. Have found out from tenant that estate agent lent them four hundred pounds for the deposit, and they have been paying back £50 per week to the Estate Agent.
Ive told the tenant not to pay the estate agent as I beleive they have acted unprofessionally and are effectivly acting as a loan shark as they wont have a consumer credit licence.
Ive also told the tenant to go back to the agent as I obviously want the full rent.
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