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Referencing fees

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470 views 1 replies latest reply: 23 November 2014
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Tenant

I’m looking into renting for the first time (my parents will help me if they can) but it seems more and more letting agents want to charge for what they call a referencing fee – this is where they check out my history, my credit and if I can pay for the rent I think.  There seems to be a great deal of difference between how much this fee is!rn rnAnyone got any advice?

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Landlord

I get my managing agent to reference my tenants now, as I need to ensure they can afford to rent my property.  Have in the past had people rent out my properties that really couldn’t afford to do so, now I just ensure that everyone going into the property is referenced.

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