Rent due date

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Worldlife
    replied
    Originally posted by Planner
    Do we need to clarify if the rent is actually paid by standing order and not cash in hand etc.
    Probably

    Leave a comment:


  • Worldlife
    replied
    Not really concerned about the landlord requiring "Tenant Aid".

    Wanted to be safety belt sure the tenant was indeed paying her rent on the due date

    Eric I agree with your suggested amendment payment date to meet the landlord's request but I see no real reason why the tenant should bring her rental payment so far in advance. I note there is a six week deposit - we have until now only asked for a four week deposit.

    From the tenant's point of view bringing the payment forward could mean the loss of another month of rent from her cashflow for monthly outgoings and the situation only being put right before the ending of the tenancy.

    Leave a comment:


  • Planner
    replied
    Do we need to clarify if the rent is actually paid by standing order and not cash in hand etc.

    Leave a comment:


  • Ericthelobster
    replied
    Originally posted by Worldlife
    Eric you have missed my point. For the rent to be in the landlord's account by 9th of the month Debra should ensure the payment is made from her account by 4th/5th.
    Gotcha. Thought you meant the proposed new date of 1st of the month. But it won't really help the LL if she does this, as the rent will still arrive a week after the mortgage payment's due, rather than ~10 days after)

    Leave a comment:


  • Worldlife
    replied
    Eric you have missed my point. For the rent to be in the landlord's account by 9th of the month Debra should ensure the payment is made from her account by 4th/5th.

    I underline in Debra should not change the rent due day from the 9th of each month.

    clarified in red font as edit additional sentence to earlier post

    Leave a comment:


  • Ericthelobster
    replied
    Originally posted by Worldlife
    As a gesture of goodwill debra you should make immediate arrangements to bring forward the date you authorise your bank to make the rental payment. The reason for this is that the cleared funds should be in your landlord's account on the rent due date.
    For the LL to have cleared funds in her account by 1st, that means Debra will need to change her standing order (if that's how she pays) to approx the 26th of the month; which, if she gets paid monthly, is going to be before her paycheque is cleared, which puts Debra into an awkward cashflow situation. If I was a tenant being put into that situation, I'd say 'no way' I'm afraid.

    The sensible way forward of course is for the LL to move the date of her own mortage payment until a bit later in the month; the lender should be happy enough to do this (might need a one-off interest payment to bridge the gap between old and new payment dates). Payment dates are something I always consider when setting up a new BTL mortgage (or if remortgaging my home) - it can be crucial to minimise cashflow problems.

    Leave a comment:


  • Worldlife
    replied
    What a stupid landlord. She is allegedly in financial difficulties yet seems to want to evict her tenant. If she evicts the tenant she will lose more in rental income and advertising costs than she would by getting a loan to cover her cashflow crisis.

    As a gesture of goodwill debra you should make immediate arrangements to bring forward the date you authorise your bank to make the rental payment. The reason for this is that the cleared funds should be in your landlord's account on the rent due date. edit - to clarify Which is the 9th of each month

    Be firm and friendly with this landlord as she could be in an extremely stressful financial situation and making the wrong decisions. If your landlord is worried by a few days rent in advance there is a possiblity of foreclosure by the landlords Building Society that would affect your long term tenancy in any case.

    Let the landlord know by letter that there is no legal obligation for you to bring forward the date of your rental payments to the day she has demanded.

    State that if she does indeed serve you with a Notice Requiring Possession you will not comply with that notice unless a Court Order is issued and you regard the threat of such notice linked to an illegal demand to pay rent in advance as harassment.
    Last edited by Worldlife; 01-08-2006, 14:18 PM. Reason: Clarified the rent due date instruction

    Leave a comment:


  • mickey
    replied
    I am sure she can't do that to you, when any previous LL's have needed to change the date we have had a new contract and paid seperately the difference in rent to get us straight again.

    Leave a comment:


  • debra-m
    started a topic Rent due date

    Rent due date

    Hi
    I wonder if anyone can offer me some advise, I commenced my tennancy on the 9th of june 2006, i paid six weeks deposit and one months rent. My agreemnet says the rent is due on the 9th. My landlady has severe money problems(only just discovered this) she needs to pay her mortgage on the 1st of each month. She now insists that i pay the rent on the 31st of each month. as i have not done that today she has advised that she is serving me with an eviction order today.The rent was paid on the 8th last month and i intend to pay it on the 8/9th this month. i have a six month ast am i in the wrong. she has also advised me that it has cost her £65.00 late payment )apaarantly my fault) surely with the depost and the two months rent she should have enough to pay her mortgage and is this really my problem

Latest Activity

Collapse

Working...
X