rent in advance
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Regulation & Law
Agents unaware of new rent in advance rules as May deadline looms
The Letting Partnership’s Chris Mason says 41% of agents don’t know payments can’t be taken before agreements are signed.
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Regulation & Law
Rent in advance agreements can continue after May, but not all
Existing rent in advance agreements can continue beyond May’s rule changes, but only under certain conditions, according to property lawyer David Smith.
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Rental market
60% of tenants paying up to three months’ in advance to secure tenancies
In a highly competitive market a TDS survey shows tenants paying more and more rent in advance to get ahead of the pack.
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