How do I go about renting privately with no gurantor and not earning 3x the rent?

scooby75

Does this 3x mean net pay or gross pay?

HappyMJ

BrettMorganxD wrote: »

Living alone is better for me. But I would consider a house share if no other option was available when the time comes.

But 6 months rent, if I was a landlord personally I would accept this as a replacement. In a way it is good for the landlord as well. They don't have to worry about there tenant skipping on rent because the whole tenancy will of been paid for anyway

They still have to worry about what happens when the next 6 months of rent is due. Do you choose to pay it monthly or another 6 months or do you choose to not pay anything at all and wait for eviction. The worry is the same.

HappyMJ

scooby75 wrote: »

Does this 3x mean net pay or gross pay?

It means gross pay before any deductions. Some may do an affordability calculation especially if you have student and personal loan commitments or child support payments to make. You could even negotiate the income to be 2.5x the rent if you can prove you can afford it. It's just a general starting point.

BrettMorganxD

HappyMJ wrote: »

They still have to worry about what happens when the next 6 months of rent is due. Do you choose to pay it monthly or another 6 months or do you choose to not pay anything at all and wait for eviction. The worry is the same.

Well if the 6 month contract is over if the tenant doesn't pay anymore rent surely they can evict immediately at the end of the tenancy?

Yorkie1

BrettMorganxD wrote: »

Well if the 6 month contract is over if the tenant doesn't pay anymore rent surely they can evict immediately at the end of the tenancy?

If proceeding on the grounds of non-payment of rent they will have to wait a certain time for a certain amount of rent to be unpaid, then issue proceedings for a court hearing, wait for the hearing date, wait for the date for the tenant to leave, get an order for bailiffs to evict if necessary, wait for that date ....

Could take several months to get the property back.

BrettMorganxD

Yorkie1 wrote: »

If proceeding on the grounds of non-payment of rent they will have to wait a certain time for a certain amount of rent to be unpaid, then issue proceedings for a court hearing, wait for the hearing date, wait for the date for the tenant to leave, get an order for bailiffs to evict if necessary, wait for that date ....

Could take several months to get the property back.

Yeh but if the tenancy is only for 6 month (forexample) then surely they can evict you immediately (with notice) one day after the 6 month is over?

Werdnal

BrettMorganxD wrote: »

Yeh but if the tenancy is only for 6 month (forexample) then surely they can evict you immediately (with notice) one day after the 6 month is over?

A tenancy does not automatically end one day after the end of the fixed term, be it 6 or 12 months. If the tenant is still in place the day after the fixed term ends, then a periodic tenancy automatically starts. This requires all the normal notice procedures.

When the tenant becomes 2 months behind with rent, then the LL can issue a notice document seeking possession of the property. However, this still needs to go to court for a possession order to be issued by them, and the normal eviction route followed. The court are the only legal body that can evict anyone!

There is no such thing as "evicting the tenant the day after the fixed term" as a court order is still required and that can take time to obtain.

Anyone who turns up the day after the fixed term, regardless of whether rent arrears exist, and tells the tenant to leave, or starts throwing their belongings out on the street, is committing an illegal eviction and could find themselves in court facing a fine of several thousand pounds or even imprisonment.

Yorkie1

They can start the court eviction process yes, assuming that the s.21 notice has already been properly served.

But they cannot actually turf you out until the court process has run its course, including if necessary having to get an order for bailiffs. And that all takes some time, several months probably.

So you are not physically kicked out straight at the end of the 6 months.

BrettMorganxD

Werdnal wrote: »

A tenancy does not automatically end one day after the end of the fixed term, be it 6 or 12 months. If the tenant is still in place the day after the fixed term ends, then a periodic tenancy automatically starts. This requires all the normal notice procedures.

When the tenant becomes 2 months behind with rent, then the LL can issue a notice document seeking possession of the property. However, this still needs to go to court for a possession order to be issued by them, and the normal eviction route followed. The court are the only legal body that can evict anyone!

There is no such thing as "evicting the tenant the day after the fixed term" as a court order is still required and that can take time to obtain.

Anyone who turns up the day after the fixed term, regardless of whether rent arrears exist, and tells the tenant to leave, or starts throwing their belongings out on the street, is committing an illegal eviction and could find themselves in court facing a fine of several thousand pounds or even imprisonment.

Well then how would you suggest I get around these risks. I desperatly need to beable to rent private if I don't get a council property so...

BitterAndTwisted

Pay the six months rent upfront and save the next six month's rent during the AST.