“We came to view a flat (we were the first ......”
1 Star Review
Sep 23,2015
By:
'RentingInLondon'
Sep 23,2015
Branch: London, 166 Tooting High Street
Services: Lettings (Prospective customer)
Rent PCM: £600
Would you recommend?: No
Postcode: SW18
Branch: London, 166 Tooting High Street
Lettings (Prospective customer)
Rent PCM: £600
Postcode: SW18
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We came to view a flat (we were the first to view it after the estate agent received the keys) and when we decided we liked the flat, we put down a holding deposit to prevent other offers being made.
There was much kerfuffle, the estate agent was difficult to contact, and even failed to turn up to one meeting. We were then informed that despite paying a holding deposit, other groups had viewed the flat and had emailed him with higher offers. He said that this would have to be mentioned to the property owner at the same time as handing in our offer. So our holding deposit held absolutely nothing, the ad wasn't taken down or marked "under offer", the property was still shown to others, and offers were still made from other prospective tennants, and we were encouraged to *bid* for a rental property, because other people had made those higher offers.
Such a scam. You don't take a holding deposit in order to take an offer, you take a holding deposit so that the offer you take is protected and the property is held and not shown to others.
We would have paid more for the flat, but because Concept were also managing this property for the foreseeable future, we didn't think it was worth it, and didn't place the higher offer, I hope the property owner sees this and thinks again about using this company. Having seen the other review on here, I am glad we decided against this property! Lucky escape!
What agent could do to change your mind?
Not do the stuff mentioned in the above review.
If they'd been honest, and not called it a holding deposit but a bidding deposit,
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