Referencing
What is Tenant referencing?
Tenant referencing is a series of checks carried out by the Landlord or letting agency to determine whether the Tenant is a right match for a particular property. This will help make the Landlord make an informed decision on which Tenant to accept and is a form of insurance to ensure rent will be paid in a timely manner and you are a reliable Tenant.
The referencing will primarily look at four aspects of a Tenant’s application:
- 1) Tenant’s Affordability – this will look at the Tenant’s income, their current and previous employers as well as their contract dates.
- 2) Landlord Reference – the referencing team will seek to gain a Landlord reference if you have one to gain a better understanding of you as a Tenant.
- 3) Credit Check – this will look at your credit history such as any CCJs or bankruptcy claims.
- 4) Right to Rent – this will look at your eligibility to live in the UK (see Right to Rent page for more information).
Key Tip: Please be aware OHL Properties use a third- party referencing company and the Landlord’s decision of acceptance may differ from the referencing outcome.
Final referencing decisions will be one of the following outcomes:
- 1) Acceptable
- 2) Acceptable with guarantor
- 3) Not Acceptable
OHL Properties use Homelet for all our referencing. For more information click here.
