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Mitchell Wicks

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3 months rent as a deposit is huge. If a tenant can afford that chances are they don’t need a 3 months rent holiday. Unfortunately it’s the ones that are living pay check by pay check that fill a lot of tenancies but certainly come with more risk as they can never put down 3 months rent as a deposit. On top of that most sensible people will reject 3 months upfront, good luck filling a tenancy with that agreement. Really this should have fallen on the gov’s shoulders and they should have done more to help landlords as well.

From: Mitchell Wicks 27 May 2020 18:09 PM

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