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Referance by Tenant on Landlord.

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  • KCT
    Freshie
    • Jun 2009
    • 11

    #1

    Referance by Tenant on Landlord.

    Hi all. Is there any value in offering lending institutions positive letters of reference as to a Landlords performance. Could a range of excellent references help in anyway secure funding or is it a little naive on my part?
  • Green Fish
    Fanatical
    • Apr 2008
    • 2074

    #2
    Very good idea. The bank is always interested in the borrower's income, and its sustainability. A series of references from tenants, confirming that paid they $X per week for a lengthy period, must be relevant to any lender.

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