J1 Accommodation

Registered with Property118.com
Friday 25th January 2019

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Total Number of Property118 Comments: 1

J1 Accommodation

19:57 PM, 27th June 2019, About 2 years ago

Prompt rental payment discount?

Dear all, thank you for your comments. I've read the TFA and my thinking is that my proposal isn't really a fee. If I rent a flat for £400 per month and the tenant signs up for it, the tenancy contract highlights it is £400 per month, at the same time, the tenant is advised if the rent is paid on a particular day of the month, they will receive a tenant incentive in the way of a rent rebate of £15....for example, so in effect, they aren't being penalised in anyway for paying rent late, they will either pay the rent amount on the tenancy contract they agreed to or will receive a rent rebate if they pay on a particular day. I hope this makes sense.

Thanks Keith... Read More