AST's deposits
Tenancy Deposits

0 Thanks
3 Posts
13 years ago
Dear Sir,

Are we allowed to take 6-months rent upfront at the start of tenancy, if we know and confirmed with the tenant that the tenancy is short-term six months only? Obviously, this would be the case of tenant, who works full-time.

Would this 6-months rent in advance be treated as Deposit or just normal contractual rent?

Please advise.

Manav Seth

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.