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Author Topic: Getting an apartment  (Read 1789 times)

Isobellaboobs

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Getting an apartment
« on: 17 August 2024, 03:23:44 pm »
Good afternoon
Has anyone got any tips on how to get your own apartment to work from please?
Will people take money upfront? X

englishrebecca121

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Re: Getting an apartment
« Reply #1 on: 17 August 2024, 03:28:21 pm »
If you pay tax you will have an income on paper ? Sorry unsure about cash upfront I wouldn’t trust that though as they may just run off with the cash lol

amy

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Re: Getting an apartment
« Reply #2 on: 17 August 2024, 05:05:29 pm »
Good afternoon
Has anyone got any tips on how to get your own apartment to work from please?
Will people take money upfront? X

The OP didn't mention cash, she said money upfront - I paid extra rent in advance when I got my first flat in London because I didn't have references and hadn't rented in years. If you do offer a large amount of rent upfront make sure you get everytninc in writing and check your tenancy agreement carefully.

You'll need proof of income and some kind of cover story so going with whatever your tax return says is likely to be easiest (you can change this too). If you have landlord references even better but it depends a lot on who you're dealing with; lettings agencies tend to be a lot stricter IME but that doesn't mean it's impossible :)

Blondelondon29

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Re: Getting an apartment
« Reply #3 on: 18 August 2024, 12:07:17 am »
I was asked for two years tax returns. Your income has to be 2.5x the rent amount. If not then usually they would accept 6 months rent up front.

amy

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Re: Getting an apartment
« Reply #4 on: 18 August 2024, 11:54:44 am »
I was asked for two years tax returns. Your income has to be 2.5x the rent amount. If not then usually they would accept 6 months rent up front.

Similar - I had to show the most recent tax return plus six months bank statements. This is in Central London though, and it might be different somewhere less competitive.

When I moved it was bank statements again plus a reference from the last flat and no tax return (or extra rent), but that was a private landlord rather than an agency. So if you get turned away the first time you can always keep trying :)

Isobellaboobs

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Re: Getting an apartment
« Reply #5 on: 18 August 2024, 09:04:05 pm »
Thank you so much.
I do pay tax its just my business is registered in a different area to where I want the flat.
I also have a rubbish credit reference xx

Schwiftysquancher91

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Re: Getting an apartment
« Reply #6 on: 21 August 2024, 01:33:05 pm »
I was going to ask about this as I am currently in the process of moving myself. Before I saved up 6months worth when I didn't have enough of a tax record but now I do have 3+years.

I used to have a work reference from a friend who helped as he knew what I did (he sadly passed) and I have put sex worker/escort on my actual tax returns. When I give a tax reference will that come up? I've not done this process like this before so I feel really out of sorts and very nervous  :-[ :-[ I don't know if I will have enough time as I don't know the time length as of yet but I was even thinking of saving a years worth of rent. I was told end of July and August has been notoriously crap and slow as per and I am still working towards saving so hoping September bears more fruit but any help or advice would be appreciated!
'I don't know, its like there's a light at the end of the tunnel'
'That's hellfire, Dean'

amy

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Re: Getting an apartment
« Reply #7 on: 21 August 2024, 02:32:49 pm »
My tax teturn said sex worker, so I changed it before I showed it to the lettings agency when I rented my last flat. It's easy enough to amend online, but whoever you rent from might not even ask :)

I would be cautious about offering very large sums of money upfront unless it's clear there's no other way; you can always say you're happy to pay a larger deposit (they can't legally ask for more than five weeks as a deposit anyway so you won't have to), but being able to prove you have enough to pay the rent for a year with savings ought to do it. Unfortunately the massive upfront payments are currently the MO of the cannabis farmers, in London at least.