Should i just trust her?

adg1

clutton wrote: »

pyeuk says ""How do you know this person will not get their property reposessed and you will be out on the streets in days with your deposit in thin air? ""

Indeed a mortgage lender would rather have money coming in during the reposession process from tenants than an empty home earning nothing.

franklee

Have you seen a gas safety certificate, that's one area where informal will not cut it IMO.

PasturesNew

I'd jump at it ... getting all the utilities in your name when you move in, then arranging to get them out of yoru name when you move out .... along with all those minimum contracts (e.g. BT, broadband) is a right royal pain in the 4rse.

It's more in line with renting a serviced apartment.... much nicer.

mqandy

As long as a. there are no out standing bills attached to the property, and b. you have a UK address for your land lady (so you could sue her...!) then this property sounds like a dream.

I would even pay more to not have to deal with a management agency.

getmore4less

This agreement

is it trying to be an AST? or more like a lodger agreement?

Wickedkitten

If things do go wrong, you always have the fact that she is more than likely not paying tax as your trump card.

FraudBuster

Wickedkitten wrote: »

If things do go wrong, you always have the fact that she is more than likely not paying tax as your trump card.

http://www.hmrc.gov.uk/tax-evasion/

TheBrutalTruth

genuinegal wrote: »

Well - after MUCH deliberation and advice from mum, friends, etc - i've decided to go with it. It is after all a legit tenancy agreement confirming she is paying for all the bills and that i won't have to pay the last month's rent at end of agreement in place of not getting the deposit, so.................................

This is stressful!!

I really appreciate all the advice and support you have give

This is a serious mistake. Your LL is acting illegally and you are going along with this in full knowledge which may rebound on you. Your LL is basically saying that she does not have the time to run the business and obey the law which is a bloody arrogant view IMHO. If she isn't checking on things do you think she will be any help if things go wrong? She'll just tell you she hasn't the time and that you should be grateful because it is cheap, she is covering council tax etc etc. Just because things haven't gone wrong thus far doesn't mean they won't in the future.