Meeting prospective tenants

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    Meeting prospective tenants

    Hope I can get some good advice.

    I will be meeting 3 prospective tenants tomorrow who wants to move in on the 15th of this month.

    They're currently living in a house whose Landlord has the same Letting Agency as mine. Both he & myself has only the "Find a tenant" service from them. When I called the letting agency they confirmed that there are indeed three people at that address and that Mr ABC is one of the tenant on the Tenancy Agreement.

    However, they're not aware that they're to move out this month (I guess the LL has no obligation to do so right?). This is what I planed to do:

    1. See the AST to make sure that they can leave after six-month without notifying their LL
    2. Get the LL's number to check on reason(s) for leaving
    3. Provide Tennant Application form to fill in for CC (TenantVerify)
    4. Provide Standing Order for the rent
    5. Collect Deposit/One month's rent
    6. Provide AST

    This will be the first time that I take on tenants without the Letting Agency and I just wanted to be sure I'm not doing anything stupid.

    #2
    Originally posted by steveandbee View Post
    Hope I can get some good advice.

    I will be meeting 3 prospective tenants tomorrow who wants to move in on the 15th of this month.

    They're currently living in a house whose Landlord has the same Letting Agency as mine. Both he & myself has only the "Find a tenant" service from them. When I called the letting agency they confirmed that there are indeed three people at that address and that Mr ABC is one of the tenant on the Tenancy Agreement.

    However, they're not aware that they're to move out this month (I guess the LL has no obligation to do so right?). This is what I planed to do:

    1. See the AST to make sure that they can leave after six-month without notifying their LL If the fixed term ends on that date they don't have to notify landlord
    2. Get the LL's number to check on reason(s) for leaving Not always a reliable indication
    3. Provide Tennant Application form to fill in for CC (TenantVerify) Excellent!
    4. Provide Standing Order for the rent Even better
    5. Collect Deposit/One month's rent Don't forget to register with DPS
    6. Provide AST Make sure it's a good one.

    This will be the first time that I take on tenants without the Letting Agency and I just wanted to be sure I'm not doing anything stupid.
    Providing you make sure you are in control all the time then that's about as much as you can do!
    The advice I give should not be construed as a definitive answer, and is without prejudice or liability. You are advised to consult a specialist solicitor or other person of equal legal standing.

    Comment


      #3
      [quote=steveandbee;90718]
      meeting 3 prospective tenants /to move in 15th of this month.
      However, ( The agents ? ) are not aware that they're to move out quote]

      If the proposed tenants are moving out without telling the agents, what will they do to you -- the same ???

      Somethings wrong, either they are trying to to get out of rent for a few months, or the landlord is not a good one, but they just may be at end of tenancy, but why move ?

      Don't take deposits or sign anything till this is cleared up.
      Also Don't let them say - "Oh, my deposit is in a TDS, i can't give you a Deposit till i get it back in 2 months from old landlord / agent" -- --- not your problem ! No deposit, don't sign anything, or let go of keys.

      Now others can advise on the rest.

      Comment


        #4
        I would focus on why your applicants are leaving their current home (one of the first questions I ask interested applicants when I meet them) and also, meet with the applicants current LL to verify this.
        This allows you to also assess, from what the LL says and they way he says it, if there's hidden reasons/problems/motivations for them to part ways or not.

        You also have to address your concerns with them, but not show them you are concerned. You have to ask about things in a conversational-like manner, rather than direct Q&A, which may put them off if they are 100% legit.

        Also, who is Mr ABC - the Landlord? Your post is not clear.

        Also, beware of anyone who tries to rush you or put pressure on you. Never ever accede to such behaviour.

        Comment


          #5
          Thanks for all the good advice. Just to clarify, Mr ABC was one of the three tenants I met a few days ago together with his girlfriend. I wanted to see the third tenant so I will be going to their present address tomorrow (It'll give me a chance to see the condition of the house after 6-months of their occupation as well)

          Having spoken to Mr ABC it appears that they wanted to move to a smaller house (to save some rent) as what they have at present is a 3 bedroom but with I tiny 3rd bedroom and also to be closer to town.

          I don't want to be rushed too, which is why I will emphasize that no keys will be given until the cheque is cleared and the checks are done and standing order started (I will bring the mandate for them to fill out and personally pop it into their bank). I'll also join either DPS or TDSL as TDS seems to be more for agent & big LL.

          As for the AST. I'm in the process of using an existing one from my letting agent, modified accordingly but I'm also thinking of asking the letting agent to provide one on my behalf (I'm sure they'll charge).

          Comment

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