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seany fly

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401 views 2 replies latest reply: 19 September 2014
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Tenant

I am having trouble with referencing procedures as I am self employed. I have been told I need to supply 3 years tax statements which I have but the least recent statement shows a earning of only £8000 for the year as I was only self employed for a few months.
This has brought down my average severely. I will earn something like 450 this year and have payslips to prove this but apparently this means nothing until like April. I am self employed under the cost scheme so you could argue I am not self employed at all really as paid weekly and my tax is deducted prior to payment. Can anyone offer any advice?

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Administrator

Hi there, this is a common problem for people who are self-employed. Providing some extra security as a sign of good will to a prospective landlord/letting agent could secure you a tenancy. For example, you could offer to pay a larger deposit, pay 3 months rent in advance, have a guarantor, and/or provide a letter from your accountant stating your business situation and indicating that you can easily pay your rent. The best thing to do is ask the landlord/letting agent what they need in addition to your statements. All the best.

Disclaimer: This information is derived from personal experience and should not be relied upon as a definitive or accurate interpretation of the law.

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Tenant

Thanks very much. I will make enquiries. Thanks again

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