Taking deposit by installments?
However, how would this work with regards not falling foul of the deposit regulations (I use the Deposit Protection Service)? Can you deposit an initial amount with them and then top it up?
Alternatively I suppose I could reallocate the money they can pay upfront so that the full deposit is covered and registered, but they effectively only pay about two weeks' rent initially (£280), followed by 4 monthly payments of £530, reverting to £480 monthly thereafter (and are effectively in arrears for the first 4 months). That option doesn't sound great to me either
Any thoughts please?!
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