Our letting agent recently let our house to a fellow ex-pat - without checking references, bank details, employer or anything else. When we arrived for our summer visit we quickly discovered that NOTHING had been done since April - no rent received, nothing. The agent hadn't checked whether or not rent was paid, hadn't organised getting utilities into the name of the tenant, made no follow-up visit. The only thing they had done was to take their full 1 year commission out of 1 month's rent!
Now we are faced with enormous arrears, substantial damage to be made good, and are generally out-of-pocket by nearly £2,000. Yet the agent is still using the old contract and not insisting on references, clearing cheques before moving in or anything else.
The Cyprus lettings industry wants to get its act together and fast.