123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Investing---Finance >> View Article

Reference Letter For A Tenant - Seek Assistance!

Profile Picture
By Author: Gyan K
Total Articles: 2542
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Reference letter for a tenant is provided by a previous landlord and an employer to a new landlord, referring the tenant. Based on these reference details the landlord decides to rent out his property to this particular tenant. He further verifies the tenant's background information in order to ensure that he has a genuine tenant in his buy to let property.

There is Landlord Reference pack made available to a new landlord. This pack of landlord's reference will be signed by your previous landlord providing full instructions to complete the process. It is an indispensable document which is used by a new landlord to assess if the tenant is good or not. With out this he may risk his rental income and put his contents in the rental unit at stake. The reference pack of the previous landlord offers information on how good was the tenant in terms of timely rental payments. It also informs about the condition of the house when it was used by the tenant. Has he made any damages to the items inside the fully furnished house? Such reference packs indicates to a new landlord whether a tenant is genuine enough or not.

It is ...
... better to cross verify a tenant's information, be it personal details, previous landlord's details, employment details, any criminal record or eviction cases etc should be checked for any inaccuracies. Find out about a tenant's financial status by collecting information about his credit scores. His employment details are quite essential as it lets the landlord know if he is in permanent employment or not, will he be able to make his timely rental payments.

Online assistance for landlord's reference pack is available:

Such reference letter drafts are provided by a UK lawyer.

The requestee's and referee's full address will be validated.

The landlord's reference packs are completed with instructions and are emailed to you.

It provides factual details such as:

The tenant's name, the address resided at, for how long he was there, what was his rental rate and if his rent was ever late what was the reason for the delay. Do not pass any judgements or praise the tenant in the letter. Avoid any lengthy reference packs; keep it short with all the factual details written in a short and crisp manner.

If you want to know about a prospective tenant, there is another option. Reach out to tenant verification agency and its expert agents will have information about different tenants, credit report agencies - from whom they collect the credit scores of a tenant. They carry out employer's reference check in addition to his previous landlord's reference check.

Gyan k, Expert author, platinum status. For more information on: Reference Letter for a Tenant

Get more information on: Landlord Insurance

Total Views: 255Word Count: 462See All articles From Author

Add Comment

Investing / Finance Articles

1. Small Business Loans In Hyderabad: How Local Shops Compete With Big Brands
Author: anilsinhaanni

2. Fix And Flip Financing For Amazing Experience
Author: Bull Venture Capital

3. What Are The Benefits Of A Debt Consolidation Plan Refinance?
Author: Helen Johns

4. Smart Property Investment In Auckland: Your Guide To Building Wealth With Expert Advice
Author: Affordable Finance

5. India Vix: The Fear Gauge That Traders Rely On
Author: Chandan Sharma

6. Mortgage Loans In Hyderabad: Beyond Homes, Building Long-term Assets
Author: anilsinhaanni

7. A Complete Guide To Commercial Funding: Types, Pros & Cons
Author: Express Loan Services

8. How Commercial Property Loan Options Are Opening New Doors For You
Author: Truhome Finance

9. Stock Market Mentor
Author: Stock Market Mentor

10. Msme Statistics And Economic Impact In The Philippines
Author: MSME

11. How To Find The Best Equity Release Interest Rates: A Comprehensive Guide
Author: Financeadvisors

12. How Housing Finance Solutions Are Becoming Simpler Day By Day
Author: Truhome Finance

13. Bridging Loans Finance Lenders: The Bottom Line
Author: Bull Venture Capital

14. Why Low Interest Personal Loans In Hyderabad Are Perfect For Young Earners
Author: anilsinhaanni

15. Professional Ipo Advisory Services In India – Guiding Businesses From Private To Public
Author: Indiaipo.in

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: