Monthly Rent Payment

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

  • Monthly Rent Payment

    Hi all,

    My current tenant of one month wishes to change his payment date, from the 2nd of every month to the 6th of every month. The reason is that his employer pays his wages later than the 2nd so he is always overdrawn if the funds go out on the 2nd.

    I have agreed for him to pay on the 6th of every month.

    Question:

    1) Would this effect any tenancy agreement, bearing in mind he signed and moved in on the 2nd?

    2) Do I have to compile a letter for him to sign about the change?

    3) If a letter is needed how should I word it?

    I have looked at some pre-written forms but nothing to help me with this.

    Advice welcomed!

    Thanks

  • #2
    Originally posted by FRESH View Post
    Hi all,

    My current tenant of one month wishes to change his payment date, from the 2nd of every month to the 6th of every month. The reason is that his employer pays his wages later than the 2nd so he is always overdrawn if the funds go out on the 2nd.

    I have agreed for him to pay on the 6th of every month.

    Question:

    1) Would this effect any tenancy agreement, bearing in mind he signed and moved in on the 2nd? None whatsoever

    2) Do I have to compile a letter for him to sign about the change? No

    3) If a letter is needed how should I word it?

    I have looked at some pre-written forms but nothing to help me with this.

    Advice welcomed!

    Thanks
    You can accept the rent when you like as it still doesn't alter the due date, nor any of the terms of the agreement - it just means you are getting your rent 4 days later than you should.
    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
      Originally posted by Paul_f View Post
      You can accept the rent when you like as it still doesn't alter the due date, nor any of the terms of the agreement - it just means you are getting your rent 4 days later than you should.
      I agree. If you want a formal binding variation of original AST, you'd need a formal Variation Agreement.
      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).

      Comment


      • #4
        Thanks

        As always
        !

        Comment

        Latest Activity

        Collapse

        Working...
        X