A new tenant has a satisifed CCJ but cannot provide a guarantor. He has offered to pay 2 month’s rent at the start of the tenancy so he is always ahead of himself as a gesture of goodwill. I assume he thinks he won’t need to pay the last month’s rent when he comes to leave but does this not create problems about whether the extra month’s rent is a deposit or not? I already have 1 month’s rent as a deposit from him so can’t protect another one.
If I enter into the tenancy builder that he’s paying 2 month’s rent, the next due date comes up as December. It sounds like I will just have to tell him that the only way he can be ahead is by paying the 2 months’ rent at the start (28.10.20) and then continue paying monthly from December. That’s right isn’t it?