Bank Statements

Bank Statements

Do you use 30x Gross income or 30x take-home pay after taxes?

28 April, 20160 Comments
Dear Samii Do you check Tenant affordability by asking them to provide you with six months’ payslips and six months bank statements?  When you check affordability do you use 30x Gross income or 30x take-home pay after taxes? Samii says It depends on their status. We request 6 from self-employed but minimum of 3 as
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Homes left in destruction after bad tenants

Tenants who leave behind clutter are at risk of identity fraud?

12 February, 20160 Comments
When tenants leave your property, you are often left with all kinds of belongings that don’t quite make it on to the moving van including clothes, toys and even animals. Worryingly; 1 in 12 landlords say they’ve found bank statements, chequebooks and even passports after renters had moved on. The Royal Mail and the National
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NLA – Specialist Referencing

20 January, 20160 Comments
According to an article from the NLA; Vetting and referencing tenants is an essential part of the process of selecting a good tenant so it is important for landlords to keep up with best practise in this area, as well as with the law. NLA Director of Operations Richard Price has outlined the main areas
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