I am self employed with NO verifiable income, but am able to pay 1 years rent in advance, plus a deposit. Letting agents advise me I’m unlikely to find a landlord who will rent to me. Can any landlord here please advise?
I have been S/E for a few decades. Do you mean you do not have accounts for the taxman?
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Do you have any prior landlord references?
How long have you been self employed? If it’s been well less than a year then that’s reasonable to be concerned it won’t last.
Why can’t you prove your income? You should have receipts/invoices, bank records, tax records, etc.
If you literally keep track of none of that then you’re likely afoul of tax law and I wouldn’t touch that, either.
Thanks for all the accusations of impropriety. I really should have known better than ask a simple question on the WWW.
As I have just started a business, of course there are no accounts! This is irrelevant to my question. My question was aimed at landlords, would you take a customer who although they have no references pays the first year’s rent in advance?
I can offer a guarantor.
If you are registered as self employed, then you should have tax returns/tax year overviews to confirm your income.
If you are newly self employed, then I would get your first tax return done as soon as you can after 5 April so that you have evidence. But landlords may be wary.
If you can’t evidence your income because you don’t declare it properly for tax, then you are committing fraud, and it serves you right if you can’t get a property!
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With that attitude, I wonder why you can’t get a property!
No one accused you of anything, but you said ‘no verifiable income’ which, you have to admit sounds dodgy.
I told you how your income would be verifiable, so was just trying to help.
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If you had stated I have no accounts as I have just started a business we would have known the situation. I am a s/e builder and a Landlord so am sympathetic to the self employed .Except to those with an attitude
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I’ve been self employed since 2009.
I agree your attitude here is the problem. There’s a world of difference between “I’m self employed but can’t prove my income” and “I’ve only just started a business so it has no income yet”
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the questions I would be asking as a landlord Are like this… How long have you been S/E ?. Have you rented before? How old are you? How can you prove you can pay the rent after one years money runs out? What is the business you are in? Etc. I can see that many will think paying a year upfront is attractive ,but it is not the be all and end all. I have seen many S/E people fail . Open shops etc ,be a trades person, and then not last the course. Takes a special attitude to be S/E . Tho 50 years ago my landlady took a punt on me and it turned out ok