If you rent a flat through an agency, do you usually need to show proof of earnings?
Say you want to rent a flat that costs 750 pounds a month. One of you will be employed by a family member and earning 15k, the other will be a student with sufficient savings to pay the rent.
What would we need to show to prove we can afford the flat?
If you're students, then normally you don't need any proof, but you do need a guarantor, meaning one of your parents will have to sign a form to say they will pay any rent due if you default.
You need the proof that one of you is getting 15k, do they have a payslip? And your letting agent may want proof of your savings.
Contract and a copy of your savings account statement. Proof you can pay it once he's started, proof you can pay it til then
I'd imagine you would need proof. Maybe you could get them to have their new employer write a letter detailing how much they will be earning? As long as it's a proper letter and maybe on headed paper it should be fine. They might query how you would be able to pay the deposit/however much rent is needed in advance if they haven't started the job yet?
you'll end up paying council tax if one of the tenants is employed.
25% discount on council tax as one of you is a full-time student, I know you're not asking about that but as it was taken down that road I thought I'd chip in!
I have the same thing. You will need a guarantor, probably for both of you at this stage. i was told I could either have a guarantor or pay 6 months up front.