Rent to charge for 3 tenants vs 2 tenants
Hello everyone. I really hope you can provide some guidance. I am currently letting a 2 bed apartment to two male professionals, charging £1,250 pcm, in a good standard of accommodation. They have been renting for 8 months now and have been exemplary tenants. I met them this afternoon for my landlord check and they asked if I would consider renting to a 3rd person (the girlfriend of one of the chaps who is moving to the area). On the basis they have been such great tenants I am going to agree to this. The question is, what would be fair additional rent to charge so that all parties feel like they got a good deal. I hope the forum can give some guidance. All the best. David
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.