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Annual Review

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Hi,

My annual review is due, for the last 6 months or so I have been living with a friend as my tenancy finished in my previous property. I am looking to rent another property in the near future as I cannot stay in my current location for much longer.

My worry is that my IP will see I have this temporary disposable income and will increase my paynents to the point where renting a property will become impossible.

Any advice or guidance appreciated.

Thanks

Comments

  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Have you been saving the money you would of normally paid on rent, council tax, water, waste, electric/gas and tv licence?
  • Wouldn’t say I’ve been saving. I have enough currently to pay for deposit n first month rent up front
  • Craig1981
    Craig1981 Posts: 769 Forumite
    Third Anniversary
    you can list your contributions you make to your friend for staying there, supported by a letter form them as a living expense. your payments will then no doubt increase until you back in to your own place. when this happens, you need to tell them immediately of the changes, do a new I&E, and your payments will then decrease accordingly to the normal amount

    as for the last 6 months, why didnt you let your IP know about the changes in circumstances?
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