Rent in advance: Finding the right alternative
Perhaps the single most challenging element of the Renters’ Rights Act for the majority of landlords is the abolition of rent in advance. Rent in advance provided certainty of income for an agreed duration of time, even if the ability to pay became a problem later. So, what’s available to landlords looking for a viable alternative, what questions should you be asking, and what makes a professional rent guarantor a robust option?