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Tenants: common questions and answers
How is rent paid?
One month's rent is usually payable in advance on the start date of the tenancy and monthly thereafter. (Different arrangements can sometimes apply: e.g. payment of 6 months rent in advance).
How long is a tenancy usually?
A tenancy is initially for a minimum of a 6 months fixed agreement under an Assured Shorthold Tenancy. After the initial fixed period the tenancy will become a statutory periodic tenancy
How much deposit is required?
A contingency deposit is payable by the tenant, usually equivalent to one month's rent. (However this can vary depending on specific landlord requirements) FOR MULTIPLE OCCUPANCY (MORE THAN TWO TENANTS) TWO MONTHS RENT AS A DEPOSIT IS REQUIRED