Renting to students
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?
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