Has anyone rented in this senario? Young couple he 19 ,she17 Mum works in a shop I rent out , Wants a flat off me , Mum willing to be guarrantor . I know the 17 year old cannot enter into a contract. any advice . All my renters are at least twice this age
Do the teenagers have permanent employment? Are they able to look after a flat? Can Mum cover the rent on her own? If no to any of these, I would be disinclined to proceed.
I rented to a couple 21 and 19 who were very responsible, so age isn’t necessarily a barrier, but is higher risk imo.
You have the advantage of knowing the parent, so can gauge the risk more.
How stable is her business? Is she a property owner? How stable is the tenants employment ?
If they suddenly start a family, what happens then? And if things sour with how they look after the flat or possibly won’t, will that affect your working relationship with their mum?
Sounds like a potential hot mess.
all the above questions I have to find the answers to on Monday. They already have a 2 week old baby !!! I know of course that relationships break up ,that is the big problem
You’d sort of be the Guinea pig. Of course no one knows if they can handle the strain. Would mum pick up the tab if he were to disappear.
They already reek of irresponsibility to me.
If it were me in this situation, the guarantors income would need to be really stable. How stable is a shop nowadays?
Sticky one. I rented to a youngish couple she was 19 and pregnant her partner was a bit older. They have turned out to be brilliant tenants. Been with us for just over 3 years and never missed a single payment, even during Covid. Keep the property in beautiful condition. Couldn’t ask for better.
Has Mom got a Property and how much equity does she have in it?.
That would be my criteria, anyone can say they will be a Guarantor, but you need some substance to back it up.
People under 18 can legally enter a contract, but they can’t always be held to its terms. Shelter believes that they can for housing contracts as they are “necessaries”, but it would be a risk.
thanks for all the replies .Found out both youngsters are 17 . Mum of the daughter rents her home. Her job is as a volunteer in the shop Dad is ill with cancer and off work. . So all in all not too good . I cannot rent to them . No one is going to pass a reference check. . Just shows how some people can be in a sticky situation They are 12 people in a 4 bed house
I rented my flat to a young couple 18 &19 been in a year & a half now and want to stay for another couple of years while saving up for a deposit on their own place. Always pay on time.
You are normally a pretty good judge of people. If the girl is grown up and sensible she may be better than a lot of pensioners are. I rented to a young couple like this and they were fine. They were students and i had a guarantor. They stayed a year
I understand what you are saying. I am an oldster in my view . " sensible" to get pregnant at 16 ? As above no . one would pass a reference We all know bringing up a baby is not easy. My heart says give them a break . My head says do not be so soft… I was also told the L A would give support . We all know that is a load of rubbish
The worst part of being a LL is knowing of peoples bad situations and still having to say no. Remember though it ls usually their own poor choices that have got them into their mess. Constant conscience battle with me….
ah, my young lady was a student very focussed. a baby at a young age well thats more an issue for the girls parents and councils. over the years i have taken vulnerable people fronted by lovely charity workers and social workers with all sorts of promises then they vaporize and you are left to deal with the mental health and social issues alone
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