Councils using ‘Intelligence’ to track down low EPC properties and fine £5,00015:08 PM, 29th March 2021
About 2 weeks ago 36
Does anyone use prompt rental payment discounts? In light of no longer being able to charge for late rental payments, could a landlord advertise a property at a slightly higher rate than the property would be advertised for normally, but offer the tenant a discount for each month the rent is paid on time?
For example, I have a room which I am going to rent out for £350 pcm, however, I had the idea of creating a tenancy agreement for the sum of £375 pcm but making it clear to the tenant that if they pay rent on time, they will only have to pay £350.
Can anyone think of a legal problem with this?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.