Late Payment of Rental Settlements from Albayt CC

Hi all,

I was wondering if any other owners whose properties/rentals are managed by Albayt are experiencing difficulties receiving their settlements which were due on the 1st November 2009.

Despite repeated e-mails and enquiries I have been continually fobbed off with various excuses as to why they have not paid the amount due.

I would be interested to know if other owners have received any payments yet or are in the same position as myself.

Regards,

Ya Tom, I have had similar promlems with slow payment of short term rentals arranged throught Albayt and like yourself  I was put off with lame excuses . However our long term rentals worked out fine as payments were by direct debit. When one takes into account the cleaning charges, commission, water  electricity and recent increase in taxes the option of short term rentals   i.e. less than 1 week,  becmes uneconomic.  I will be out at the end of the month and plan to  meet re Albayte re same and perhaps review the possibility of private rental. What's your view .

Saludos.

Patrick