Vetting new tenants
A reference is one of the best ways to help assess the potential risk when vetting new tenants for your property.
Here are 5 tips for writing a tenant reference or click here for a template letter.
- Keep the letter formal
- Introduction e.g. Dear / To whom it may concern
- Clearly show what the letter is about e.g. I am writing this letter to recommend…………. as a tenant
- Close e.g. Kind Regards / Sincerely
- Include relevant details
- Payment history e.g. how often / how much they paid / did they pay on time
- Was the property tidy and well maintained
- Relationship with the neighbours
- Any legal notices served
- Your relationship with the tenants
- How have you known them
- Any personal relationship
- Extra information
- Qualities of your tenant e.g. hardworking, reliable
- Employment situation
- Keep to the point
- The letter should be less than a page long
When you can’t get a reference from a potential tenant
You could send a Tenant Reference Request to their existing landlord requesting all the information you feel is required to assess the risk.
- How long have they been tenants in their current property?
- Do they pay the rent on time?
- How often is the rent due and have they ever been behind with payments?
- How do they pay?
- Have they damaged the property on any way?
- Have they caused disturbances or caused complaints?
- Has there ever been cause to serve a legal notice?
Character reference template
Click on the link to download a character-reference-template
If you would like advice on commercial property or residential landlord insurance get in touch with the team at Lockyers or call 01924 278222.