a month ago - 5 minute read
Applying for a new rental can be time-consuming. Not only do you have to view and research the property to ensure it’s the right fit for you, but you also have to prepare your rental application, write a cover letter, get references and win over your landlord. After all that effort, the last thing you want to happen is to fail your tenant referencing check and have to start all over again.
To help you pass your tenant referencing check first-time, we’ve prepared an ultimate guide to tenant referencing checks with information about how they work, how you can fail and (most importantly) how to pass!
Put simply, a tenant referencing check is something every landlord and letting agent will do before accepting your rental application. Generally, these checks are designed to provide reassurance to the landlord that you can afford to rent the property. However, some parts of tenant referencing checks are required by law in the UK, like checking your immigration and right to rent status.
While you may need to supply lots of information to your letting agent when writing your rental application, three main aspects are checked during tenant referencing.
In the UK, the following things about you (and any other person that’ll be renting the property with you) are checked during tenant referencing:
Depending on the landlord or letting agent, the tenant referencing check may also involve:
There are numerous reasons why you may fail a credit referencing check. Common reasons for failure are usually because you either:
Failing a tenant referencing check can be rare, as you would’ve done your research about whether you can afford (and are legally allowed) to rent the property before applying.
However, if you fail and it’s not from one of the reasons listed above, ask your landlord or letting agent why. Remember that landlords cannot fail you just because you are on benefits and this is considered discriminatory.
Depending on the reason why you failed your tenant referencing check, there are different solutions you can negotiate. The best place to start is to find out the reason why you failed. Most landlords and letting agents will provide an adequate reason, but if they don’t, make sure you ask for one.
If you’ve failed your tenant referencing check because your immigration status doesn’t give you the right to rent in the UK, there’s not much your landlord or letting agent can do. Renting to you anyway would be against the law. However, you can make enquiries about your visa to see if a solution can be found.
Failing the financial check is usually quite a serious issue since it checks whether you can afford the rent payments. If this happens, move on and look for somewhere cheaper to rent. If you fail because of an issue with your credit score, you may be able to negotiate. Try explaining any issues on your credit report and ask the landlord if they will accept your application if you find a suitable guarantor.
Let’s face it, if your references didn’t provide a good one, you probably picked the wrong people. However, if your previous landlord told your new landlord about things like skipping rent payments or leaving the property in a bad state when you left, they could fail you on this basis.
Provided you’ve learned your lessons and don’t plan on missing payments or neglecting the property in the future, you can attempt to make amends with your prospective landlord. Consider writing them a letter or sending a video résumé through the letting agent to explain your previous situation (particularly the reason why payments were missed) and outline how you plan to act in the future.
Just remember that a landlord can still reject your application if they don’t believe you’re a trustworthy tenant that will look after their property. And if your negotiation attempt is unsuccessful, move on.
Unfortunately, failing a tenant referencing check doesn’t always mean you’ll get your holding deposit back. In truth, it depends on the reasons why you failed.
You should get your holding deposit back if:
You may not get your holding deposit back if:
The best way to make sure you pass your tenant referencing check is to do your research before you apply. Only apply for a property if:
Before you start pinging off application forms for a new rental, check your credit score to see what’s going on with it. Most of the top online credit score providers give tips on how to improve your credit score. If there are a few easy fixes you can make to give things a boost, get it done before you apply.
Also, if you notice any mistakes with your credit report, get these fixed as soon as possible, too.
Not telling your landlord or letting agent about issues is a sure-fire way to fail your tenant referencing check (and just generally annoy them!). While you may want to hide issues from your past – especially when it comes to missed rent payments because of an exceptional circumstance – covering it up can hinder your application. Plus, it can leave you at risk of not getting your holding deposit back.
One of the best ways to make your rental application stand out and avoid failing your check is, to be honest and upfront about known issues. A prospective landlord or letting agent will appreciate the honesty. They may even value your application over others because of it!
If you’re preparing to move to a new rental, have you already started saving to pay for your tenancy deposit? At Fronted, we know that making an upfront cash payment can be tricky – especially if your money is tied up in your old deposit. Lifetime Deposits are a solution for tenants like you where your deposit moves home with you. Check out the details of how our Lifetime Deposits work or join our waiting list to be the first to use them when they launch.
Fronted is a trading name of Fronted Holding Ltd. We are registered in England and Wales (Company No.12278750), registered office address is Studio 403, 203-213 Mare Street, London, E8 3LY. Fronted Loans Ltd (Company No.12307305) is authorised and regulated by the Financial Conduct Authority under a Consumer Credit Licence (FCA No. 933316). Fronted Ltd (Company No.12304059) is authorised and regulated by the Financial Conduct Authority under a Broker Licence (FCA No. 933317).
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