Re-letting before tenant leaves; doubts re new tenant

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    Re-letting before tenant leaves; doubts re new tenant

    Ok, House is being marketed for rental, there is a month to go until the property is vacated by the current tenant (he/she has been a nightmare) anyway I had the letting agents on the phone tonight saying they had been in email correspondance with a prospective tenant.

    The prospective tenant sold up and left the UK about a year ago but wants to come back, he/she has never seen the property but has made a serious offer to rent the property.

    1. The tenant is moving back to the UK
    2. Has a enough money to live on for a year but plans to go back to work
    3. Has offered to pay 6 months in advance
    4. Has never physically seen inside the property

    Any advice greatly appreciated

    As a side issue, I have had a tenant who has been a tenant from hell (court case n all) he/she has said that I am not allowed to end her tenancy to install different tenants?????

    #2
    What is your question?

    Comment


      #3
      Originally posted by caroline7758 View Post
      What is your question?
      Basically, does the panel think I should call the agents and say OK?, should I be worried about accepting 6 months rent in advance?, should I ask for 6 months in advance?, should I be concerned that the prospective tenant has never seen the property?

      any other things I haven't thought of or be aware of

      Comment


        #4
        As long as they reference OK, then 6 months in advance is about as good as you will ever get!!
        Right into the AST that they then start to pay monthly rent from month 4 ( Hence you will always have 2 months in hand ) and you have just about covered all the bases you can.

        Comment


          #5
          When you say there is a month to go before the property is vacated do you mean that this is when the warrant of possession is due to be executed or when your notice or the tenants notice runs out?

          Wasn't quite sure from your post
          ****************************************

          If you are unsure about what to do seek professional Legal advice.

          Comment


            #6
            Originally posted by House View Post
            When you say there is a month to go before the property is vacated do you mean that this is when the warrant of possession is due to be executed or when your notice or the tenants notice runs out?

            Wasn't quite sure from your post

            A S21b notice was served several months ago, AST expires in mid may

            Comment


              #7
              Originally posted by Colincbayley View Post
              As long as they reference OK, then 6 months in advance is about as good as you will ever get!!
              Right into the AST that they then start to pay monthly rent from month 4 ( Hence you will always have 2 months in hand ) and you have just about covered all the bases you can.

              So are you saying I should agree to a 6 month AST and put it into the AST that the tenant should always remain 2 months in advance?.

              Comment


                #8
                If you're saying she's a nightmare don't expect her to go just because her sec 21b has expired!
                ****************************************

                If you are unsure about what to do seek professional Legal advice.

                Comment


                  #9
                  Originally posted by House View Post
                  If you're saying she's a nightmare don't expect her to go just because her sec 21b has expired!

                  Sadly I agree

                  Comment


                    #10
                    I would also go with a uk based guarantor who would be referenced via the same method as the tenant. Though your agent should be able to advise on guarantor deeds. Just encase the tenant decides to skip off once the tenancy has ended leaving unpaid bills / damage or decides to leave mid tenancy without notice.
                    Benjamin Perry

                    Comment


                      #11
                      Originally posted by Ben.online-lettings View Post
                      I would also go with a uk based guarantor who would be referenced via the same method as the tenant. Though your agent should be able to advise on guarantor deeds. Just encase the tenant decides to skip off once the tenancy has ended leaving unpaid bills / damage or decides to leave mid tenancy without notice.

                      The prospective tenant is willing to provide a guarantor, two questions follow on though.

                      Is it true that having guarantors are waste of time?, I thought it was impossible to succesfully enfore guarantors to pay up?

                      Comment


                        #12
                        It would probably be a long winding road but you should be able to get a charge on their property providing you went about it the right way, the downside is that you may have a long time to wait before you see your money. Providing they have property that is.
                        I offer no guarantee that anything I say is correct. wysiwyg

                        Comment


                          #13
                          Originally posted by porridge View Post
                          Ok, House is being marketed for rental, there is a month to go until the property is vacated by the current tenant (he/she has been a nightmare) anyway I had the letting agents on the phone tonight saying they had been in email correspondance with a prospective tenant.

                          The prospective tenant sold up and left the UK about a year ago but wants to come back, he/she has never seen the property but has made a serious offer to rent the property.

                          1. The tenant is moving back to the UK
                          2. Has a enough money to live on for a year but plans to go back to work
                          3. Has offered to pay 6 months in advance
                          4. Has never physically seen inside the property

                          Any advice greatly appreciated

                          As a side issue, I have had a tenant who has been a tenant from hell (court case n all) he/she has said that I am not allowed to end her tenancy to install different tenants?????
                          I would advise that you speak to the prospective tenant, on the phone, personally, not only to ensure that they are not coming from Nigeria, Ivory Coast et al and possibly trying to pull a common scam on you, but also to gauge if they are genuine. Just have a chat.

                          Has the prospective tenant seen any inside pictures of the property?
                          I would also ask them why they are unable to see the property before they agree to the tenancy and also wait and see if they enquire if you can send them some photos of the inside of the property.

                          I would be concerned about someone willing to come and live in a property, for a year, paying lots of money up front to a landlord they have never met and also, agreeing to live in a property that they have never seen and without knowing if the property suites them, in all the ways people need to know, etc.

                          There could be genuine reasons for the above, but you have to consider illegal and dark reasons/motives too.

                          Comment


                            #14
                            Originally posted by porridge View Post
                            Sadly I agree
                            So, it's quite likely to be months yet before you get possession of the property - and at this point you can't predict even to within a month how long it will be - so I'd suggest it's pretty pointless worrying about a specific applicant at this stage; it's far too early.

                            Indeed, if the applicant is still apparently keen to throw 6 months's rent at you under these circumstances, that would to me greatly increase the likelihood that there's something fishy about him.

                            Comment


                              #15
                              Thanks for the last 2 posts warning me that there maybe something quite not right here, frankly I would rather have a void period than have a complete nightmare on my hands.

                              The prospective tenant is currerntly living in Asia at the moment and is due back in the UK very soon, they have viewed a c few properties online and have plumped for mine, the agents have copied and pasted the emails to me.

                              "So, it's quite likely to be months yet before you get possession of the property - and at this point you can't predict even to within a month how long it will be - so I'd suggest it's pretty pointless worrying about a specific applicant at this stage; it's far too early."

                              You can never predict any tenancy coming to end satisfactorily, but the 2 months prior to the tenancy ending are there to try and avoid void periods, surely its prudent to have a new tenant lined up?


                              "There could be genuine reasons for the above, but you have to consider illegal and dark reasons/motives too."

                              I am !, which is why I am seeking opinions on here

                              Comment

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