As a landlord, you know how important a positive reference is for vetting potential tenants. An honest assessment from fellow landlords who have rented to your prospect is the best way to assess potential risks.
Here are the five essential elements of a great Character Reference Letter:
If you’re considering a potential tenant and they haven’t provided you with a reference letter along with their rental application, you may want to think about writing a Tenant Reference Request to their landlord.
This letter should request all of the information that you would include in a reference letter and whatever you consider necessary for risk assessment. For example:
You can also download the character reference template as a PDF.
We provide landlord insurance for a wide range of properties and tenants including multi occupancy, students, local authority placements, unoccupied and much more. See our landlord insurance page or call 0344 346 0409 for more.
Note: Every effort has been made to ensure the above information is correct at the time of this article going online, however, we recommend that you seek professional tax advice when reviewing your current tax and income position and future tax planning strategies.
Alison Wild BCom (Hons), MAAT, MATT, Taxation Technician is a highly respected industry professional who has been working with and advising SMEs in areas including tax, pensions, insurance and marketing for over 25 years. She is a member of the Association of Accounting Technicians (AAT) and Association of Tax Technicians (ATT) and also has over 20 years' experience as a residential landlord.
Date: October 10, 2016
Category: Commercial Property