News & insight

Residential Update: Why do I need to provide a reference when renting?

Marketing / 31 Aug, 17

When applying to rent a property you will be required to provide some basic details including your employer, income, previous address and bank account information.

Why do I need to be referenced?

Referencing is nothing to worry about, it just allows the landlord to be sure that their tenant will meet the monthly payments and take good care of the property.

What if there are problems with my reference?

It is not uncommon for tenants to have their reference rejected. This may happen if you are a student with no regular income, or perhaps you are leaving your family home and have no renting history. If this happens then do not panic, there are other options, perhaps you can pay a full rental term up front, or more likely, seek out a guarantor.

What is a guarantor?

A guarantor, often a parent or guardian, will agree to take responsibility for the rent on your property if you fail to meet the payments. Your guarantor will be required to pay any rent debts and any damages exceeding the deposit figure.

If going down this route then your guarantor will need to complete a similar referencing process. As long as they are a UK resident, in employment and earning enough to cover your rental commitment then there should be no further issues.

If you have any questions on the referencing process or are unsure how best to proceed then please get in touch with our specialist lettings team on 0113 221 6019.

Topics: News

Share this article

Explore more