How to deal with AST and two thirds split of rent?

How to deal with AST and two thirds split of rent?

10:49 AM, 14th September 2015, About 6 years ago 23

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If the lease states a flat can only be rented out as a whole unit rather than by rooms, would the below pose an issue or how I could overcome.thirds

– Family of 4
– Each parent has their own child from a prior relationship
– One parent will pay 2/3 of the rent

Should the AST just be addressed to the main parent covering the bulk of the cost, in order to avoid any issues with the “renting as a whole unit vs by room”… Or do I name him as the lead tenant and this somehow keeps the leasehold in adherence?

Thanks for your thoughts, I clearly have no clue!

Regards
Ray



Comments

by Ray .

7:04 AM, 18th September 2015, About 6 years ago

Thanks Teg's Dad, he only query they raised was with respect to the AST duration. I had input 12 months, however they would prefer to have 6 month AST and then comfortable to sign for a full year afterwards.

This gives me comfort that they are hopefully not chancers and really all I want is "normal" tenants...nothing from the channel 5 series ;0)

Will report back on how this evening goes, presume he will be bringing cash...so I will give keys after doing an inventory check

and then do I just log online and make a current account online transfer to the deposit protection scheme afterwards...(For just the deposit and obviously not the full cash amount he gives I.e. The month's rent in advance)

Finally on Saturday I will transfer the utilities into their names (should this be into the lead tenants name or give both?)

by Teg's Dad

10:33 AM, 18th September 2015, About 6 years ago

Utilities - use both names and get written confirmation from the water/sewage company.

Don't forget the prescribed information after the deposit is protected.

Next time use an agent.

by Ray .

22:30 PM, 18th September 2015, About 6 years ago

Thanks Teg all sorted for now. Deposit and months rent in advance obtained, keys handed over with inventory complete.

Tomorrow will submit deposit and change utilities to the tenants names.

Thank you both for the kind help!


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