Will a landlord accept 6 months rent in advance?

theartfullodger

Just had a tenant check by NLAtenant check - a bit of a marginal result...

Salary was £15.5k, suggested max rent £400-£450/mo - which to my mind makes @ 3x rent £14.4k-£16.2k... Sounds like the "3xrent" guideline is being used...

(I'm going with T but with Guarantor..)

BrettMorganxD

theartfullodger wrote: »

Just had a tenant check by NLAtenant check - a bit of a marginal result...

Salary was £15.5k, suggested max rent £400-£450/mo - which to my mind makes @ 3x rent £14.4k-£16.2k... Sounds like the "3xrent" guideline is being used...

(I'm going with T but with Guarantor..)

Well it will be impossible for me to make 3x the rent exactly... unless I rent just a room but I prefer to rent a whole property. I wouldn't mind sharing, but not if I was renting a room in someone elses house. Does anyone know were I could find a rommate should I need one?

jc808

I call !!!!!!!! on this thread

OP, isnt this the third excuse for 'needing to borrow £1,000' now?

First it was the Phillipines https://forums.moneysavingexpert.com/discussion/3495529
Then your retaking of GCSEs https://forums.moneysavingexpert.com/discussion/3493847

I think you need help, but not a loan

GavB79

BrettMorganxD wrote: »

I do earn decent money

BrettMorganxD wrote: »

I earn roughly £1,000 per month

Eh? Contradiction in same thread, let alone other posts

BrettMorganxD

GavB79 wrote: »

Eh? Contradiction in same thread, let alone other posts

£1,000 pcm is really good money. Well it is round here anyway.

BrettMorganxD

jc808 wrote: »

I call !!!!!!!! on this thread

OP, isnt this the third excuse for 'needing to borrow £1,000' now?

First it was the Phillipines https://forums.moneysavingexpert.com/discussion/3495529
Then your retaking of GCSEs https://forums.moneysavingexpert.com/discussion/3493847

I think you need help, but not a loan

I dont need to borrow anything anymore.

BrettMorganxD

Will they take into account paying rent every time on time despite income not being so high? My rent was written down in a "rent book" and I still have it. If I sent this with my application would it help my case

BrettMorganxD

If I was to do this and pay 6 months in advance, and say (hypathetically) I was entitled to a small amount of housing benefit because the savings Ipaid with was less than £6,000... How would I claim said HB, because I wouldn't be able to prove paying monthly rent if I have paid 6 months in one go.

Or would they just time your monthly housing benefit by 6 and give it to you ?

BitterAndTwisted

You will need to apply for it and include your tenancy agreement which will state the amount of rent due, regardless of whether it's paid monthly or six months in advance. The amount you might qualify for would depend on your entitlement based on your age combined with your income. Whether you pay the rent upfront out of savings is immaterial.

BrettMorganxD

BitterAndTwisted wrote: »

You will need to apply for it and include your tenancy agreement which will state the amount of rent due, regardless of whether it's paid monthly or six months in advance. The amount you might qualify for would depend on your entitlement based on your age combined with your income. Whether you pay the rent upfront out of savings is immaterial.

So they will still pay my benefit fortnightly for housing benefit. despite the fact I paid 6 months in one go?