Speedhome OR normal tenancy agreement?, Which one better and why?
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 Feb 24 2020, 08:06 PM
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#1
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Senior Member
1,022 posts Joined: Jun 2019 
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Internet subscription will be tricky due to commitment from service provider i.e TM will bill remaining contract fee shall terminate prematurely.....thus important to agreed this with tenant else landlord will continue to pay for it shall tenancy fall short of contract period
To your question all utility include internet should be on tenant QUOTE(teridoz23 @ Feb 24 2020, 05:54 PM) Anyone can give me a guide if I am renting this without an agent need more inputs.usually do we also ask our tenant to pay the internet bills?  |
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Apr 17 2021, 08:31 AM
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#2
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Senior Member
1,022 posts Joined: Jun 2019
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Whatever it’s landlord need to be on top of everything especially utilities which can be managed through provider apps, so long outstanding closing in the deposit nor insurance coverage that the red flag, I first engaged SH for my rental which I managed to claim outstanding albeit it’s within the threshold and now managing my tenant directly which I collected 2+1 months deposit-outstanding to rental and utilities are still within the range of my safeguard deposits.
Again agreed to comment earlier landlord need actively monitor or chances to face unpleasant surprises QUOTE(AridEyes @ Apr 17 2021, 06:20 AM) Utilities fall under inconvenience benefit, which also includes any minor property damage. For basic (which what I had) is up to 1k, for extended and extended+ its up to 2k. My tenant had 4k electricity bills, still way above 2k. Now if I were to use the traditional way of getting deposit, I would be getting 2 months rental + 1 month/1k (depends on agreement) to cover utilities, which would probably be able to cover the 4k + damages. |
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