I’d like to ask opinions from those who have asked for the first and last months rent to be paid in advance. Does this mean the last month of the 12 months contract or if it rolls onto a monthly basis does the last months rent get held until the tenant gives notice?
Been cases like these in the courts ! Concerning the way these payments try to get around the deposit protection!
does not sound right to me
The practice if taking first and last months rent has all but disappeared and presents a big risk to landlords who still do it. Unless the landlord makes clear in the contract that the last month referred to is the last month of the fixed term tenancy and they stick to this they risk breaching both the deposit legislation and the Tenant Fees Act and are likely to be liable for a 3x deposit penalty. If you havent already taken this, dont.
This topic was automatically closed 90 days after the last reply. New replies are no longer allowed.