OpenRent Community

Tenant failed referncing on affordibilty but want to pay 3 to6 month advance rent. is it legal?

Tenant failed referncing on affordibilty but want to pay 3 to6 month advance rent. is it legal?

Is it legal to pay rent in advance? Yes!

Here’s how to do it via OpenRent.

You can accept multiple month’s rent but be specific about the deposit stating it specifically on the tenancy agreement. Also if a holding deposit is paid, also state it specifically so there is no confusion and risk of a breach in the new legislation (effective from 1st June) when the tenancy comes to an end.