How do I protect myself?

How do I protect myself?

9:18 AM, 20th November 2019, About 3 years ago 15

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The Council are willing to pay the first months rent in advance and pay a cash deposit for an incoming tenant. I will NOT be issuing a tenancy agreement until I see clear evidence that:

1. Tenant has an existing HB claim with claim number
2. It has been agreed that rents payments will come to me direct
3. That she has given permission that I can talk to Housing Dept direct if an issue comes up with her claim/payment.

I am happy to giver her a ‘letter of intent’ that shows I am willing to take her on, listing details of the flat etc.

How do I further protect myself if the claim comes back and she is not paid the full rent for a two bed which is what she has been ‘approved’ by the Council to be entitled to?

I understand a change of address to an existing claim does not take as long as a full claim to set up, but what happens if this goes past the next rent payment is due?

Reluctant



Comments

DSR

9:25 AM, 21st November 2019, About 3 years ago

Reply to the comment left by Disabled Tenant at 20/11/2019 - 11:24
I've looked at the rent guarantor bit - I'm a bit confused! If the tenant applied for it and gets accepted great as no cost to me, but at what point do I instigate a claim against it? I can't find any further details on it. ??

Mick Roberts View Profile

12:27 PM, 21st November 2019, About 3 years ago

Reply to the comment left by Disabled Tenant at 21/11/2019 - 07:58
Ha ha I can't tell u.
I've been Specialist HB Landlord for 22 years, so sometimes u find stuff out, the hierarchy don't want u to know.

No, not any change in circumstances, some are known about ie. work 23 hours 59 mins, stay on HB. Work 24 hours, MUST go on UC.
Some changes there is a choice. Although I imagine as time goes on, that choice will be less.

For some reason & I still don't know cause Job Centres are lying, they get get Brownie Points the more people they switch onto UC. I've stopped a few of mine going on that was about to sign on the dotted line.
Yes what u say, I've had it all. Got one swapping tomorrow, worse off, but lost Carers, so no choice.

Jay James

16:37 PM, 21st November 2019, About 3 years ago

Reply to the comment left by Disabled Tenant at 21/11/2019 - 09:09"£126.92 per week, which is £549.99 per month, a penny less than the price of your monthly rent. "
Also "which is £95.00 a week (£411.67 per month)".
These monthly amounts are wrong, though the errors are small and it only seems signficant in the first instance.
Have I missed something and it is universally accepted in the PRS to have approximate conversions instead of penny perfect ones?

DSR

7:50 AM, 22nd November 2019, About 3 years ago

Reply to the comment left by Disabled Tenant at 21/11/2019 - 23:46
thanks 🙂

DSR

7:52 AM, 22nd November 2019, About 3 years ago

Reply to the comment left by Disabled Tenant at 22/11/2019 - 00:29
unfortunatelyI live 4 hours drive away from the rental properties!

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