Retainer

You are here : Member Forums Other Retainer
This topic has been locked as no posts have been made within the last 90 days.
T
T
11 Posts
0 Thanks
Hello,

There is a group of four students living in my property, who wish to stay another academic year starting again from September, but will not be staying there over the summer but wish to keep the property for their use. One of the students will be staying for 6 weeks over that 3 month period, while the others won't be.

They have asked about paying a retaining fee-is there a recommended % of the full rent that they would pay over this period? Secondly, in terms of paperwork is all that is required is one signed copy of a sheet saying that I agree for the 3 month period only for a reduced rental rate which will revert to the full rate on its completion? Or is there more involved?

I would add they have been good tenants keeping the place in generally good condition so I am willing to go along with the retainer option.

Many thanks

01/04/2009 00:00

Want to read more?

This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.

This topic has been locked as no posts have been made within the last 90 days.
Landlord & Investment Show
Martin Co
Envirovent
Landlord Broadband

Share this page