Hi
my tenant has passed all her checks in open rent comprehensive referencing except affordability, but she has offered to pay 6 months in advance as no guarantor , she plans to stay long term which is fine with me . My question is :what is the best action after 6 months? Once the tenancy contract finishes after 6 months ( as I would go for 6 months tenancy ) will it automatically go in a rolling monthly contract as long as she stays ? Or should I have another 6 months contract where she would pay 6 months in advance ? I appreciate your help as I am not sure with rent in advance situations .
A long term tenant who can’t afford the property. This sounds a nightmare. Why do you feel the referencing report is wrong, when it says they can’t afford it? You need to be very sure of your convictions on this one.