In most tenancies, when you sign your agreement you will be required to pay bond and rent in advance.
Under the standard tenancy terms the maximum of rent in advance that can be required is one month. The maximum bond is the equivalent of 4 weeks rent (for more information about bond see our Bond factsheet
This can work in two ways:
- your tenancy begins on 2 March and you pay 4 weeks rent on that day. Your agreement says rent is to be paid fortnightly.
Having paid 2 fortnights in advance, you might not expect to pay rent again until 30 March; however your agreement may say that the next payment is due on 16 March to keep your rent account always a clear fortnight in advance. This is possible as long as you are not required to pay more than 2 weeks rent each payment (ie you are never more than 1 month in advance)
- Your tenancy begins on 2 March and you pay a month’s rent on that day (if you have made your payment prior to this rent applies from when the tenancy starts). Your agreement says rent is to be paid monthly.
Having paid a month in advance you cannot be asked to pay another month’s rent until 2 April because to do otherwise would be putting you more than 1 month in advance.
It is important to take rent in advance into account when you give notice to end your tenancy or you may find you have paid too much and you will then have to organise repayment.
For information on how rent payments are calculated see our FAQ
For information about rent arrears see our Factsheet
Call the Tenants’ Advice Service if you need advice