Hi

I have two houses in Manchester that I purchased in 2004 from a company that are based in Manchester.

The houses worked very well for me I was getting good Yields. The houses are rented to asylum seekers. The rent is paid by the goverment to a management company who then transferred that money to my management
company and then it is transferred to me.

On the 1st of 07 the property management and sales company was split and the management was sold on to a new company. The same people worked on the management just under a new name. It's a disaster since. I don't get rent some months and only half more months I have a shortfall of £10,000 at the moment. When I call to ask what rent is on houses I am given different amounts so I really don't know what I should be getting.

I have contacted them 3 to 4 times a week and one pushes the blame on to the next.

Can anyone give me advice on how to tackle this problem. How do I find out what rent I should be recieving and how do I put enough pressure on them to get my rent and does anyone know of a good management company in Manchester


Any help would be apreciated.

Thanks

sell them

If it we're me I would not want management companies between income on MY assets and my bank account. If I was down £10,000 I would already have had a solicitor on the job, and paid them a visit with 2 large friends, a baseball bat and a blow torch.

It's your money for pity's sake. What on earth are you waiting for?

You're going to the barbers.

Put it down to experience.

Better luck with your next 'investment', and don't be so greedy next time.

Is the company related to hometrack?