Advance rent as deposit? When a tenant appears to be a bit of a risk, rent wise, a landlord will generally either ask for a guarantee or an upfront payment of the first six months rent. They will normally also take a deposit which will be protected in the normal way. But is the five…
Tenants legal help As the value of money keeps going down and the cost of things keeps going up, your landlord is at some stage going to want to increase your rent. That’s understandable, but if you have just received a letter from your landlord setting out a whopping big increase, your first thought (or…
Are your tenants giving you a headache? If your tenants are running up arrears of rent and you don’t know what to do about it – here is the answer. My new FREE >> seven day email course! The Rent Arrears Seven Day Course from Landlord Law (and its free!) The course is a series…
With the current economic climate rent arrears is the number one problem for landlords. Here are some tips to help you deal with them before they happen (always the best time to deal with a problem!). 1. Always, always reference tenants. Make no exception to this rule. Remember – con men succeed because they are…
This is day 11 of my 31 days of tips on tenancy agreements series. To see the rest of the series click here. Setting the rent The owner of a well known letting agency in Norwich told me once that they had a saying in the agency, that ‘the greedy man goes hungry’. There is…
We have written on the Landlord Law Blog about scammers before. Ben Reeve has kindly drawn my attention to this article on the BBC web-site which warns of yet another internet scam, the “advance fee fraud”. This is where you are asked to wire money to a friend or relative to prove that you can…
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Warning to landlords of pre 1997 high rent common law tenancies
Common law tenancy changes on 1 October 2010 As you should be aware by now, on 1 October (unless the coalition government decide to change things) all non regulated/common law tenancies where the rent is between £25,000 and £100,000 will convert automatically to assured shorthold tenancies. Except that some of them won’t. As pointed out…