Forum Posts

maftunasharabbaeva
Website development
Website development
Feb 18, 2022
In What's rent paid in advance?
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.
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maftunasharabbaeva
Website development
Website development
Feb 18, 2022
In What's rent paid in advance?
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.
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maftunasharabbaeva
Website development
Website development
Feb 18, 2022
In What's rent paid in advance?
The partner agent will hold a maintenance float, usually between £250 - £750 to be agreed between local partner agent and their landlord.
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maftunasharabbaeva
Website development
Website development
Feb 18, 2022
In What's rent paid in advance?
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.
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maftunasharabbaeva
Website development
Website development
Feb 18, 2022
In What's rent paid in advance?
Rent paid in advance pay both within 3 working days of the tenant signing their AST and paying their first month's rent.
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maftunasharabbaeva
Website development
Website development
Feb 18, 2022
In What's rent paid in advance?
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 advance term). The landlord must replenish the maintenance float on renewal as agreed with the local partner agent and any charges incurred i.e. safety certificate renewals).
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maftunasharabbaeva
Website development
Website development
Feb 18, 2022
In What's rent paid in advance?
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.
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maftunasharabbaeva
Website development
Website development
Feb 18, 2022
In What's rent paid in advance?
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. The rent paid in advance is made possible via the Primary tenancy business model, in which rent paid in advance Ltd step into the transaction and become the head landlord's professional Primary tenant, and the named landlord on the tenancy agreement for the tenants in situ. Allowing rent paid in advance Ltd to pay the landlord upfront while collecting the rent back monthly from the tenant in situ.
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maftunasharabbaeva
Website development
Website development
Feb 18, 2022
In What's rent paid in advance?
The rent paid in advance is financed by the Founder of rent paid in advance Ltd, Simon Shinerock.
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maftunasharabbaeva
Website development
Website development
Feb 18, 2022
In What's rent paid in advance?
Yes, you can change your mind anytime up until payment of the rent paid in advance.
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maftunasharabbaeva
Website development
Website development
Feb 18, 2022
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