Home » News » Century 21 cancels franchise of London firm after twin fines
Regulation & Law

Century 21 cancels franchise of London firm after twin fines

On Friday it was revealed that Century 21 Cameron Adams had been fined a combined £44,000 after two separate court verdicts.

Nigel Lewis

The UK head office of US franchised estate agency network Century 21 has taken the unusual decision to cancel the franchise with immediate effect of its East London representative.

As The Negotiator reported on Friday, London firm Century 21 Cameron Adams has been fined a total of £44,000 by two separate courts for breaking multiple local regulations applied to the private rental market.

This included a fine of £16,000 and costs of £3,000 for failing to close down an illegal gambling and drinking den being operated from a rented property in Leyton, and a separate £25,000 fine for a poorly-managed HMO property that council officers found to be lacking working smoke detectors and with sewage swilling around the garden.

Serious offences

“Century 21 UK has been made aware that the Cameron Adams franchisee has been fined in relation to serious property management offences,” a Century 21 spokesperson told The Negotiator.co.uk.

“As the UK franchisor of the global Century 21 brand, the business takes a zero tolerance approach to franchisees that fail to comply with the law or fail to uphold the high standards of service that customers expect from Century 21.

“Century 21 UK has therefore terminated the Franchise Agreement for Cameron Adams with immediate effect.”

The company behind the franchise was incorporated in September 2010 and  in 2012 it faced being struck off the Companies House register but this was later revoked.

It has been trading continuously since then and published its latest accounts for 2019 on December 23rd. The company has two directors including Hasan Younis, who owns the property in Leyton where the gambling den was located.

 

February 3, 2020

What's your opinion?

Please note: This is a site for professional discussion. Comments will carry your full name and company.

This site uses Akismet to reduce spam. Learn how your comment data is processed.