Rent in advance or higher deposit

You are here : Member Forums Tenancy Types and Management Rent in advance or higher deposit
This topic has been locked as no posts have been made within the last 90 days.
M
Member
2 Posts
0 Thanks
I am looking at offering a reduced rent for payment further in advance than the usual 1 month. The two reasons are that it reduces the risk of default and I can save interest costs elsewhere by having the money in advance.

I am going to be using the RLA Deposit Guard AST and just wanted to get advice about whether there is any reason why I can't ask for the advance payment as rent x number of months in advance or if it would be better to treat is a rent 1 month in advance, and the balance as deposit ? (There would be a small deposit anyway).

Has anybody else any experience of this?

Many thanks

Martin
28/04/2013 20:25

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.
Ideal Flatmate
Elfin Kitchens
Landlord Broadband
John Pye Auctions

Share this page