Moving and Rent Deposit
#1
BE Forum Addict
Thread Starter
Joined: Nov 2010
Posts: 4,100
Moving and Rent Deposit
When my lease ends early next year I plan to move due to a career shift - a very positive one! When I moved to my present flat I didn't have to pay the usual six months rent up front and pay my rent on time and sometimes a day or two ahead of time. How does this position me re security deposits on a new flat when I move? Will I have to pay six months up front or will I have been here long enough - and paid on time - to pay only a typical first and last month's rent?
#2
Lost in BE Cyberspace
Joined: Nov 2012
Location: bute
Posts: 9,740
Re: Moving and Rent Deposit
Depends where you are. In my neck of the woods it is usually one month's deposit and one month's rent in advance.
#3
Re: Moving and Rent Deposit
When my lease ends early next year I plan to move due to a career shift - a very positive one! When I moved to my present flat I didn't have to pay the usual six months rent up front and pay my rent on time and sometimes a day or two ahead of time. How does this position me re security deposits on a new flat when I move? Will I have to pay six months up front or will I have been here long enough - and paid on time - to pay only a typical first and last month's rent?
#4
BE Forum Addict
Joined: Apr 2008
Posts: 2,294
Re: Moving and Rent Deposit
When my lease ends early next year I plan to move due to a career shift - a very positive one! When I moved to my present flat I didn't have to pay the usual six months rent up front and pay my rent on time and sometimes a day or two ahead of time. How does this position me re security deposits on a new flat when I move? Will I have to pay six months up front or will I have been here long enough - and paid on time - to pay only a typical first and last month's rent?
If you are in England or Wales, then they must put your deposit in one of the goverment approved deposit schemes and send you the Prescribed Information. Make sure they show you their Gas Safety Certificate. If you are the only adult in the property, you can ask the council for the 25% single person reduction on your Council Tax.
Last edited by formula; Nov 19th 2015 at 5:15 pm.
#5
BE Forum Addict
Thread Starter
Joined: Nov 2010
Posts: 4,100
Re: Moving and Rent Deposit
It depends on what you agree with the landlord. Usually they ask for 1/1 and a half/2 months deposit up front and your wage is proof that you can pay the rent.
If you are in England or Wales, then they must put your deposit in one of the goverment approved deposit schemes and send you the Prescribed Information. Make sure they show you their Gas Safety Certificate. If you are the only adult in the property, you can ask the council for the 25% single person reduction on your Council Tax.
If you are in England or Wales, then they must put your deposit in one of the goverment approved deposit schemes and send you the Prescribed Information. Make sure they show you their Gas Safety Certificate. If you are the only adult in the property, you can ask the council for the 25% single person reduction on your Council Tax.
I was just wondering if next time I move (first quarter of next year) if I would be faced with paying six months rent up front or have I now been here long enough to pay the usual amount other UK residents pay for a security deposit.
#6
BE Forum Addict
Joined: Apr 2008
Posts: 2,294
Re: Moving and Rent Deposit
Having a good UK credit history and a job that will cover the rent means just paying a small deposit up front to cover any damages you might do and not repair. I'm not sure how long it will take you to build up a credit history in the UK for some landlords, but you could ask in a Letting Agents in the area you want to rent in.
#7
BE Forum Addict
Joined: May 2007
Location: England
Posts: 4,212
Re: Moving and Rent Deposit
Thanks. My deposit for my current lease is indeed in one of those schemes. I also get the 25% council tax deduction as a single person living here. I was just wondering if next time I move (first quarter of next year) if I would be faced with paying six months rent up front or have I now been here long enough to pay the usual amount other UK residents pay for a security deposit.
#8
Re: Moving and Rent Deposit
Thanks. My deposit for my current lease is indeed in one of those schemes. I also get the 25% council tax deduction as a single person living here.
I was just wondering if next time I move (first quarter of next year) if I would be faced with paying six months rent up front or have I now been here long enough to pay the usual amount other UK residents pay for a security deposit.
I was just wondering if next time I move (first quarter of next year) if I would be faced with paying six months rent up front or have I now been here long enough to pay the usual amount other UK residents pay for a security deposit.