Renting to students

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HappyHome
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Hi
Need some advice here with regards to renting out to overseas students following flat viewing appointment.

The student tenants are from China looking for 45 weeks (10months+) contract starting mid-Sept. Was told the rent money will be paid directly by their parents from China.

I doubt the tenant referencing will pass as they don't have credit history in UK and I am not sure the usual landlord insurance will cover these types of tenants either. The tenants offered to pay 3 months rent in advanced.

If their overseas parent becomes a guarantor, how is this enforceable in UK though if there is damage or rent arrears later?

Can anyone share some advice how to handle this type of students renting, do I ask for more deposit (currently 6 weeks) and what are the pitfalls that I should watch out for?

Thanks
AmateurLandlady

19/08/2017 20:07

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