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Collecting rent

To the people who rent out/buy to let how do you collect your money?

and what deposit do you take?

Comments

  • silvercar
    silvercar Posts: 49,676 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    standing order.

    6 weeks.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • clutton_2
    clutton_2 Posts: 11,149 Forumite
    ditto on rent. i have always taken one months rent as bond up to now, but am re-thinking this as the Tenant Deposit Scheme comes into force in April.
  • Angela_D_3
    Angela_D_3 Posts: 1,071 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Take as much deposit as poss, 8 weeks rent ideally.
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