Is it even possible to negotiate down the rent in London from anyone’s experience, here are some info
-I’ve been a good clean tenant
-it is zone 4 so not central
-1 bed apartment £1550 per month
I paid all 12 months upfront
-there are over similar properties in the area for the same price but not below the price
-the nearest tube station is due to be closed for 6 months due to works done on it
Does anyone have any experience negotiating down the rent and how should I do it?
The £1550 was advertised price originally I didn’t negotiate
I feel like if I pay 6-12 month upfront that should be enticing for a reduction?
Hard to advise until you actually have a figure from your LL - there may not even be a rise! Having examples of similar properties at similar rents is helpful & I agree paying up front might be worth a discount. The LL must give you at least 1 months notice of any increase.
Tenancies dont nerd to be renewed. They just become rolling periodic on the same terms, which is generally better for both parties. Unless there is a rent review clause, rents can be adjusted using s13 notices. You have to look at rents for comparable places locally and negotiate.