I picked an agency who said rent was guaranteed, but now see their criteria of the tenant having 30x the rent as income is an issue for most of the people wanting to view the property.
I asked the agency if a potential tenant was to pay some of the rent upfront to reduce the monthly then the affordability would be better. For example £1250 rent means x30=£37.5k income, but £3k upfront rent (£250x30) would mean the monthly rent is now £1000, so a £30k income would be fine.
The agency said this was part of the tenant fee ban. Are they correct?
Seems to me I could ask a potential tenant to buy the “white goods” for £3k and I tell the agency I’ve decided to lower the rent to £1k a month as I like the tenant.