OpenRent Community

Paying 6 months upfront


#1

We are not from the uk and the funds references we showed the landlord are not sufficient for him.
He told us he would agree only if we pay 6 months up front. Is there a way to do that through the OpenRent system or only with a private bank transfer?
This is a lot of money and If we do that we want to be protected as possible. Do you have other tips for us?


#2

Hi, thanks for your post!

We don’t have any way of handling any rent in advance as part of our Rent Now process unfortunately, we are only able to take a payment for the first month. However, we do have advice for anyone that is thinking of setting up a tenancy with a private landlord, and especially when handing over any funds to them directly.

Please drop us an email at info@openrent.co.uk if you want to discuss anything else regarding setting up this tenancy and we’ll do our best to advise.


#3

I would ask for the landlord’s bank statements to make sure LL keeping up with any mortgages. Because remember when you have paid 6 month upfront, you have more to lose. If the LL home gets repossessed, which isn’t unheard of, you get kicked out without notice and lose your money.