National Residential Landlords Association
Home My Account My Portfolio
Join Us Log In

Rent in advance instead of guarantors
Guarantor

AliWade
AliWade
2 Thanks
11 Posts
7 years ago
0

My super-keen young couple, who want to move into our cottage next Friday, have now offered 3 months rent in advance (plus the 6 weeks deposit) rather than continue with the hassle of getting their guarantors through referencing.

The AST is for 6 months, with the option to run on if all is ok, they want to stay on and we do not need the property back for employee.

Opinions please on whether this is a good idea (the thought of just being able to finalise the documents and get some money into the bank account - have builder/decorator/electrician to pay - is definitely very attractive).

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.

Join Today

Have you forgotten your password?