Banning rent in advance.

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    Banning rent in advance.

    Just wondering what the possibilities of this occurring are. Is there any way they can prevent a LL from demanding the full AST term of rent in advance. If they can't ban it then I could see it becoming the norm, I will certainly be looking at 6 months rent upfront for ALL of my future tenancies.

    #2
    Anything is possible, after all the final point will just to pay for a property and give it for free to the T. You don't go into a shop get a whole load of shopping and say I'll pay in a month after I've consumed all the food.

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      #3
      Nice comparison. Because a property is the same as consumables?

      * Wonders off to the the shop for some buy now pay later electricals *
      I am not a lawyer, nor am I licensed to provide any regulated advice. None of my posts should be treated as legal or financial advice.

      I do not answer questions through private messages which should be posted publicly on the forum.

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        #4
        'sfunny that the default position for rent is in arrears... (Move in , get keys, pay 1st month's rent after a month.)

        Think the market and prospective tenants will mean a large proportion of tenancies won't be all of fixed term in advance. So so many people simply don't have access to that sort of money. (How many home owners could pay 6 or 12 months mortgage up front? Or landlords for their BTLs).
        I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

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          #5
          Originally posted by KTC View Post

          * Wonders off to the the shop for some buy now pay later electricals *
          Ask them if they'll keep giving you stuff if you stop paying.

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            #6
            Originally posted by Kape65 View Post
            Just wondering what the possibilities of this occurring are. Is there any way they can prevent a LL from demanding the full AST term of rent in advance. If they can't ban it then I could see it becoming the norm, I will certainly be looking at 6 months rent upfront for ALL of my future tenancies.
            Don't give the b*stards ideas.

            It should be 12 months in advance (for a 12 month tenancy), shouldn't it? Then you can issue a s21 at the 6 month point regardless. Any trouble with month 13's rent, and you just apply for a possession order.

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