Tenant's father will be paying rent- what steps to take?

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  • Tenant's father will be paying rent- what steps to take?

    I saw a potential tenant today. Although he is a fully grown adult (40yrs old) his father (who came with him him to the viewing) is going to pay the 6 month rental. The tenant is going through marriage breakup and I guess this is the father's way of supporting him! So, regarding utilising TenantVERIFY, if it is the father who is paying the rent, I guess it is he who is credit checked? Is there anything I need to do regarding the tenant? Thanks in advance for any responses.

    Davann45

  • #2
    1. As the son himself is going to be T, he will be liable for rent.
    2. Check financial status of both.
    3. Get T's father to execute a Deed of Guarantee.
    JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
    1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
    2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
    3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
    4. *- Contact info: click on my name (blue-highlight link).

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    • #3
      Thank you for this

      Much appreciated. Need to research the Deed of Guarantee now!

      Comment

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