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

Assured Shorthold Tenancy Agreement

2»

Comments

  • MobileSaver
    MobileSaver Posts: 4,377 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    gazfocus said:
    So, you need to query where the extra £428 has come from. 
    It's worth querying but the increase is possibly to cover the additional costs for the LL/EA having to credit check another tenant and redrafting the contract etc.

    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • I'm intrigued by the way. If you've been paying half rent for June and July, quite what do you get for this if you're not allowed to enter the property? It sounds very "holding deposit" like.
  • Mstty
    Mstty Posts: 4,209 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    Mstty said:
    It's going to be a bit like this unless you detail everything, like pulling teeth so don't get frustrated when assumptions are made when you suggest you are the only only on the hook for the increases.


    You continue to miss the point, which is that if the landlord needs to pursue someone for arrears that can be all of the tenants, all of the guarantors, or crucially just one of the guarantors for the entire amount, which is what the OP is concerned about. As an extreme example, say all of the tenants and the other three guarantors decided to emigrate at the same time, the only person left to pursue in the UK for the whole of the debt would be the OP, and they would indeed be liable for it.
    That's fine if you read the responses the OP is not the only guarantor which is the point I was making they are not solely responsible for all the money and the increase.

    Regardless now there is a change of terms and a new contract then there are options for the OP.

    Anyway it looks like we may not get the full facts as to whether there are 3 now 4 guarantors for the new contract etc. 
  • SanMat
    SanMat Posts: 5 Forumite
    Fifth Anniversary Combo Breaker First Post
    On the current contract, there are 3 tenants each with a guarantor.  On the new contract there will be 4 tenants each with a guarantor.
    It's our first time having to navigate students rental agreement, and so I (as a guarantor) am looking for reassurance than my daughter isn't being fleeced by the rental agency with this new contract.

    There are discrepancies on the new contract that I'm querying, such as a £200 deposit than my daughter has already paid on the original contract. (surely she can't be expected to pay this twice! ) 

    I'm also trying to negotiate for the July and August money to be credited back as she's not even moved in yet.  The agency told her she had to pay this retainer in July and August at half rent and could move in from 01/09 from which time the full rent payments start.  The new tenant isn't asked to pay the retainer, yet can move in on the same date as my daughter.
    BTW, this July and August retainer is common practice nowadays, for student rentals!

    If they agree to the above, then I don't see any issues with signing the new contract with the 4th tenant.
  • Stick with the existing tenancy, the existing rent, and the existing arrangement.

    Let the new 'occupant' move in, not as a joint tenant, but as a lodger, paying rent to the the 3 existing tenants.

    Just be careful about their obligations as resident landlords towards their 'lodger'.

    Post 10: Lodgers: advice & links for landlords & lodgers
  • SanMat
    SanMat Posts: 5 Forumite
    Fifth Anniversary Combo Breaker First Post
    Stick with the existing tenancy, the existing rent, and the existing arrangement.

    Let the new 'occupant' move in, not as a joint tenant, but as a lodger, paying rent to the the 3 existing tenants.

    Just be careful about their obligations as resident landlords towards their 'lodger'.

    Post 10: Lodgers: advice & links for landlords & lodgers
    That would be the best solution, however there is a clause in the contracts that sub-letting isn't allowed. 
  • RAS
    RAS Posts: 36,578 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    They are not sub-letting if a lodger moves in.
    If you've have not made a mistake, you've made nothing
  • propertyrental
    propertyrental Posts: 3,391 Forumite
    1,000 Posts First Anniversary Name Dropper
    edited 15 August 2023 at 6:40PM
    'sub letting' would be if the 3 of them moved out and let one or more totally new tenants move, with an AST between them, and not involving the 'higher' landlord.

    A 'lodger' would not have a tenancy at all, they would have a licence to occupy (granted by the 3 tenants). Such a licence would be excluded from (most) Rent Act protection.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.