Checklist for Referencing

Posted in 13th February 2017 by

Categories: Uncategorised

Landlords who decide not to use a letting agent should choose their tenants very carefully, and consider referencing. Before signing up a tenant, we recommend landlords have a legally drawn-up Tenancy Agreement.

There is also a handy checklist available here for letting a property.

Checklist

  • Are they employed on a permanent or temporary contract? You can check this with their employer.
  • Complete an affordability assessment.
  • Check their creditworthiness.
  • If they are self-employed, ask to see their accounts for the last three years or an accountant’s reference. If you are still not satisfied, insist on six months rent in advance.
  • Verify their signature against their passport of driving licence.
  • Check their previous addresses against utility bills from the last three years.
  • Request a reference from any previous landlords.
  • If they are from overseas, can you see their work permits?

Contact us if you are concerned about any part of the process.