We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Before we sign the TA?
Comments
-
It may be that in reality (that is, in law) that extra 2 months is a further deposit, as opposed to rent, since yes, it would need to be repaid. As such, it is money held for the period of the tenancy and then returned aka a deposit.
And, as I said, a 6 monthly tenancy to boot (as opposed to a monthly tenancy), which also has implications.
As jjlandlord says in post 7, it would help if we knew the exact wording in the contract so far as description of rent is concerned, due dates, as well as reference to deposit etc.
One option open to you would be to pay the 6 months in advance, then allow 6 months to pass without paying further rent. At that point you could either leave if that's what you wanted, or write a cheque for another 6 months.
It would be interesting to see what the LL did at the 4 months point, and again at the 6 months point...0 -
No they are being very professional and I am very happy with them. They said they will be happy to change the wording on the TA to every 6 months now.
On that point about a further deposit, would that not be illegal? As the law now requires the deposit to be held by an independent 3rd party.0 -
Provided any subsequent deposit is registered in the normal way they will have complied.
(it does not have to be "held by an independent 3rd party" - it has to be registered. An insurance based scheme allows the landlord to keep/hold the deposit, with the insurance protecting the tenant's interests.)0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604.1K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards