Row over paying rent - landlord wants a lump sum, tenants want a break
On the letter ‘Move into the 21st century and let us pay our rents monthly’ (Feb 13), I suppose if we paid our rents weekly we will move into the 22nd century...
...and if we paid our rents daily we will move into the distant future.
Seriously, you get the best deal if you pay yearly. If you pay in four cheques there is a cost and, make no mistake, your landlord will charge you higher than the bank to provide this service.
And is it convenient to pay monthly for both parties?
Do you really want to see the face of your landlord every month?
Happy landlord, Dubai
Lawrence is absolutely right - none of us get our salaries paid a year in advance in one cheque, so why should landlords expect to be handed such huge lump sums?
The one-cheque system might have made sense years ago when a beachside villa in Jumeirah could be had for 60k a year but things have changed dramatically.
Despite what landlords may believe, not all expats in Dubai have their rent paid by their company, in fact the majority now probably don’t. Bank loans are not the answer - not only do they increase the cost of the rent due to the interest but why should anybody have to get into debt in order to pay their rent?
Outside the UAE, it would actually be impossible to get a bank loan to pay rent.
Abolishing the one-cheque system would give some much-needed leverage to tenants. At the moment, too many landlords disappear as soon as they’ve cashed the ignore all requests for maintenance.
Jazz Whyman, Springs