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  • Buy-to-Let

    Changing rent payment date

    I would add the rent for 13th to 31st Jan to initial 10.3 weeks rent/deposit - so she pays for the extra 19 days upfront then carries on with calendar monthly payments eg from 1st monthly.

    It may just be as well that she does not get return of deposit from former rental for a month so leaving her a bit short on cash flow.

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    Yes, it is a cashflow problem as she's not received her previous deposit back but she has already paid the deposit on my place and that's gone to the DPS.  This has obviously left her a bit short until she gets paid or return of other deposit and she doesn't want to find a full months rent to pay on the 13th.  So asking for the part month and then a full month on top is out of the question - it's either she pays a full month and always has a payment date of the 13th or she pays enough to take her to the end of the month and then pays full months rent from the 1st for Feb and subsequent months.

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    So charge 19 days rent now - plus the 6 weeks deposit

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