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Rent allowance

Bob Z · 2010-09-06 23:04:33

Is it better to get the money paid into the landlords account or your own? Is there any pros or cons?

06-09-2010 11:04pm

#1

Bob Z

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Is it better to get the money paid into the landlords account or your own?
Is there any pros or cons?

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#2 07-09-2010 1:29pm

The_Conductor

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A landlord might be more inclined to consider a rent-allowance tenant- if the rent allowance were paid directly into their account, rather than having the tenant act as a conduit. The big reason so many landlords are reluctant to consider RA tenants- aside from the paper work involved- is the horror stories of a few well known stories of RA tenants that have been in the media in the past 2-3 years. RA tenants, by virtue of their economic circumstances, are more likely to default on their rent than a tenant who funds their rent from their own means- this possible uncertainty is removed if the money is paid directly to the landlord.

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