Paying 12 months in advance, when to negotiate reduced rent pcm?

moneysavinghero

JustinBunn said:

Thanks everyone for the help. Its really appreciated. Based on what all of you have said, ill discuss the option of doing 6 months + 6 months during the viewing. I might also try and knock off £25 per month, it cant hurt to ask. I'm honestly starting to get a bit desperate now though, as my new job starts in three and a half weeks. If i have to do the full 12 months in advance without a break clause i will, but it will feel like a bit of a gamble unless one of you is a psychic medium that can predict the future! 

Landlord might view it as:

• Failed referencing
• Tenant feels the need to haggle on price
• Easier to let someone else have it

If you can easily afford the £725 pay the £725 (unless its been sat on the market for a long time).

hazyjo

I don't see bullying against the few posts you're made. Or are you admitting to all the other accounts?

Shame as I thought we had a semi- celeb in our midst!

Grumpy_chap

Bringing this back on topic, the OP may find the prospective LL has some queries about the proposal to pay upfront. 

• Pay up front is sometimes a tactic used by people who wish to use the property for inappropriate purposes, cannabis farm, brothel and such like
• How will the OP pay for the property after the end of the 12-months assuming the OP then wishes to stay longer?  If the OP cannot pass affordability test now, how will that change in the next 12 months?

Just questions for the OP to consider, so that a response can be prepared for if asked.

Regarding the rent, if the property is advertised at £725 per month, then I suspect the OP's proposal to pay £700 per month is within the negotiating band that the LL may have had in mind.  If the LL is not amenable, the OP can still agree at the advertised £725.

Greatgimp

I paid 12 months up front without considering discount or break clauses - there's a shortage in Norfolk, this was the only one available, and you have to get what you can!