Tenant Referencing in Residential Tenancies 
When considering potential tenants for a residential tenancy, it is important for landlords to carry out thorough tenant reference checks. Proper tenant referencing helps ensure that a tenant can afford the rent and is likely to meet their obligations under the tenancy agreement. This process also protects landlords from rent arrears and tenancy disputes providing peace of mind before letting a property.
With the up upcoming changes expected under the Renters Rights Bill, tenant referencing will become even more important. By checking a tenant’s financial stability and reliability in advance, landlords can reduce risks and ensure compliance with evolving legislation.
What is Tenant Referencing?
Tenant referencing is the process of obtaining and verifying the information provided by a tenant through ID checks, credit checks, income verification and rental history. Landlords can use these checks to assess a tenant’s affordability and suitability for the property. In some cases, references from employers, banks, previous landlords, or guarantors may also be required.
Why is tenant referencing important for landlords?
Carrying out proper tenant referencing gives landlords confidence when letting out a property. It improves the security and safety of the property, reduces the risk of unpaid rent or arrears, and provides reassurance that the tenant is financially stable and reliable.
The pages below provide a general overview of the different referencing options available for landlords and how to navigate the process.