I'm in the process of letting out a property. A prospective elderly tenant is moving back to the UK from abroad. I've been told the prospective tenant has properties that are rented out in the UK (different county) as well as property abroad. I've also been offered a years rent up front (I won't be going down that route - although it is quite tempting!!).
Prospective tenant needs to be near to adult children who will be helping with care needs and therefore feels the location of my property is ideal.
Should I not be able to validate the income easily, I was thinking of accepting a guarantor and taking a bigger deposit (say 3 months rent). Normally I take a deposit equal to 6 weeks rent.
If I did take a bigger deposit - would it/ could it cause me any problems?
Many thanks
Claymore
Prospective tenant needs to be near to adult children who will be helping with care needs and therefore feels the location of my property is ideal.
Should I not be able to validate the income easily, I was thinking of accepting a guarantor and taking a bigger deposit (say 3 months rent). Normally I take a deposit equal to 6 weeks rent.
If I did take a bigger deposit - would it/ could it cause me any problems?
Many thanks
Claymore
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