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Found the perfect place
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Because if you don't pay your rent on time, they're stuck with you for 2 years unless you fall behind by 8 weeks and then they have to go through procedures to evict you. a 6 month contract means less risk for the LL and after 4 months if you don't keep up with your rent they can hand you your 2 months notice.
Extra deposit should be appealing though.
Unless questions are raised your LL/LA doesn't even need to know you're claiming a bit of HB/LHA. Honesty is the best policy some times, but if you're in the middle of a contract and lose your job your LL doesn't have to know. I told HB people not to contact my LL/LA when I am unemployed. New contracts are a bit different though.
Good luck, explain the situation and I'm sure they'll be happy to have you. Do you have a good reference from previous LL?
Well I have to be honest about it because when the EA does their vetting checks, they will know I don't earn enough to cover the rent.0 -
another landlord here - my proviso is that the tenants have to be working, but I'm happy if people are in recepit of benefits to help them out - I figure thats two sources. I sign up to 1 year contracts, and insist on a 6 month break clause. At the moment there appears to be a shortage of property in greater london, certainly where one of my properties, so I'm afraid to say, that might be an impact....However, from my perspective, a bird in the hand is worth two in the bush, so if the place is empty, as long as the refernces were ok, I'd probably say yes. Also, with having kids you are not likely to move around - the cost of finding new tenants, while not much, does add upNo longer an accidental landlord, still a wannabe millionaire:beer:
initiative q sign up link
https://initiativeq.com/invite/HQHpIjaoQ0 -
Well I guess it just depends on the landlord. I'll just have to cross my fingers for tomorrow and hope they say yes.0
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