Quote:
Originally Posted by Russ B
So you'd effectively ask for 4 month's rent upfront?!
Good luck finding a tenant mate...
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i would now as the bond is basically insured and the dss tenants can mostly get help with the bond now i really dont see that its a problem
it used to be because the landlords would take the bond and not give it back for minor damage that most of us would call ware and tear that tenants didnt like giving bonds
and as to private lets i mostly see them as higher risk as often they are from out of area and can disappear back out of area as quick as they arrived
i can quite understand people may find it a lot to get together but equally if i am lending some one something worth over £100k i think i am not being unreasonable asking for some assurity from them that they wont damage it
most of my tenants however never paid anything up front as i knew them well and other than one who refused to open bathroom windows and then complained about black mould lol i never had a problem
---------- Post added at 21:15 ---------- Previous post was at 21:07 ----------
Quote:
Originally Posted by Russ B
I'm not saying you shouldn't take care when finding a tenant but expecting someone to front that sort of amount, especially with the economy the way it is.....I have to say I find that pretty unrealistic.
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those still in work should be able to and most dss ones can now access bond schemes
see
http://www.basingstoke.gov.uk/housin...ond+Scheme.htm
my other house now has my mum and dad in it ( i dont think they are going to run off ad they dont pay me anything any how lol ) but as its worth over that £100k mark asking for a 1 to 2% deposit doesn't seem over the top to me