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Renting with no job but savings

desperate_times · 2014-08-18 11:44:57

I am trying to rent a house but struggling to convince landlord to accept me. I am not employed but shown significant savings in bank of getting on for 10 times annual rent. I have also offered to pay 6 months of rent in advance. The agent is happy with proof of savings but the landlord is not comfortable. He now now asked…

Comments

desperate_times Posts: 122 Forumite

19 August 2014 at 2:49PM

sandsni wrote: »

Maybe the LL is afraid your "savings" could be the proceeds of crime and he's not keen on renting to someone who turns out to be a drug baron or whatever. It is relatively unusual for someone to have a lot of savings with no job or proof of earnings.

Ultimately the decision rests with the LL not the LA (after all it's the LL who stands to lose, not the LA).

Yes he is probably worried about something like that although it is not unusual to have large savings if you have just sold a house or retired. Spoke to the agent again and she seems to think he is just paranoid and will struggle to rent to anyone.

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