Jump to content

Search the Community

Showing results for tags 'Higher'.

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


  • Property Hub
    • Housekeeping
    • Property in the news
    • Introduce yourself
    • General property discussion
    • I need advice!
    • Progress journals
    • Property Podcast discussion
    • Property Hub University
    • Chit-Chat
  • The Property Hub Summit


There are no results to display.

Find results in...

Find results that contain...

Date Created

  • Start


Last Updated

  • Start


Filter by number of...


  • Start



Website URL



Areas I invest in

About me

Property investment interests

My skills

My goals

Interests outside property

Found 1 result

  1. Hi All, I'm looking for some advice - I'm about to put a tenant into my property and have now completed credit checks (references to follow) with a view of getting the tenants signed in soon. I've identified an opportunity though... The property is letting unfurnished with no white goods. The tenant did ask whether we'd be willing to take an extra £50 per month in exchange for putting in a washing machine / fridge freezer. We've refused that as we don't want the hassle or immediate outlay, but we're unsure as to whether another option isn't available. Does anyone have experience of letting with no deposit but increasing the rent? The tenant has a good credit score and rented the previous property for 6 years with their partner and two children. if we were to increase rent by £50 for the first year and scrap the deposit, we'd collect an extra £600 that wouldn't have been collected previously, never have to give that back, but in addition make it appear like we're doing the tenant a favour by giving them the financial space up front to buy white goods. In the grand scheme of things, the deposit would only be £450, which means that even after the first three months we'd be just £300 down in terms of having a tenant void unexpectedly. That's on the assumption that we can keep the whole deposit without having to challenge them legally too. In this second scenario, getting to the full 12 month term would see us bank £600 in profit and be able to lower the rent at the end of the 12 months as an incentive to stay. Does this seem like an option? I'm not even sure I've made sense... Jamie
  • Create New...