Rent paid in advance

“Never look a gift horse in the mouth,” says the old adage. Landlords sometimes feel that way when considering whether to let tenants prepay their rent. At first glance it can seem like a no-brainer: Why would you ever say no to money? After all, you invested in multifamily real estate to generat

No, you pay the same tax as receiving it monthly. You simply pay tax on the rently income you’ve received for the year, regardless of whether you have it monthly or annually.

Rent paid in advance Ltd registers the tenants' security deposit with the TDS scheme and provides the landlord and partner agent with a copy of the certificate.

If you’d like another rent paid in advance towards the end of the tenancy, just let us know and we’ll pay you another year's rent upfront, minus the cost for Rent Paid in Advance Full Management and any setup costs incurred (i.e: professional referencing is required at the start of any rent paid in

The Primary tenancy is similar to the well-known Rent to Rent or sublet business model, however, unlike these the Primary Tenancies’s rent paid in advance pays the Landlord their rent upfront annually instead of monthly, and pays the landlord the market rent not a significantly subsidised rent. Th

Yes, you can change your mind anytime up until payment of the rent paid in advance.

Rent paid in advance offers an optional landlord rent guarantee for 3.75% of the annual rent. This ensures the landlord won’t be required to pay back any of the advance rent, even if the tenant in situ is in default of payment for up to 12 months rent, or until vacant possession is obtained. 80% of

A Partner Agent is paid 20% commission by rent paid in advance on all of the below optional Add-Ons if sold. For Tenants: Zero deposit option (ZDO): available for an extra 4% of the monthly rent, paid along with their monthly rent payments Tenant rent guarantee (TRG): available for an extra 3

As a member of the rent paid in advance network, we use their proprietary Primary TenancyTM️ business model to pay you a year’s rent in advance, less our standard fees and charges. The rent is then collected monthly from the tenants in the property. Practically speaking and in other respects the ren

Yes but only for HMO room-lets where they have their own individual ASTs (bills included) and providing the property and the landlord is fully compliant with HMO rules and regulations and has a license.

The partner agent will hold a maintenance float, usually between £250 - £750 to be agreed between local partner agent and their landlord.

Rent paid in advance pay both within 3 working days of the tenant signing their AST and paying their first month's rent.

You don’t pay tax on the cost of our full management service, as ours is not a fee charged but a discounted rent. We pay you the years upfront rent minus our cost for Rent Paid in Advance Full Management.

The rent paid in advance is financed by the Founder of rent paid in advance Ltd, Simon Shinerock.

Yes.

(There are 3 ways to answer this if it comes up on this first call) Option 1) No quotation or fee is given over the phone. That’s what we’ll discuss when we meet. Option 2) Lump sum quote only Based on a £1000 pm rent agreed with a tenant, you would receive an upfront rent for the year of £9,840

The rent paid in advance includes a Landlord Rent Guarantee, so if the residing tenant doesn’t pay their rent you will not be liable to repay us the amount not collected, unless the tenant leaves the property and there is a void. In this event, where the tenant leaves during the twelve month contra

Rent paid in advance is our normal quality full Management service with the additional benefit of including a years rent upfront. Rent paid in advance is available for new and existing tenancies provided the property is compliant and the tenants pass a professional referencing check. The rent paid