Landlord asking for too much information?

tbs624

SouthCoast wrote: »

This sounds like discrimination to me, as students are renowned as excellent tenants.

:rolleyes:

The checks made by Landlords/Agents are about confirming that *any* prospective tenant is able pay the rent and are not just because the tenant may be a student (see vyvyan's post above), so it is not discimination.

If you go to *buy* a property you will be obliged to give your income and passport details too.................

MissMoneypenny

tbs624 wrote: »

Your first and last sentences are interesting. You don't want to give more information to a landlord but you want a landlord to give more information to you?

I would expect the tenant to prove that their finances are in good order (so that the LL can see that they can afford the rent). I would expert the LL to provide proof that their finances are in good order too (so the house they are renting out doesn't get repossessed).So it is not asking for more information from any party.

Both LL and tenant are signing a contract and both should be able to provide evidence that they can keep to that contract. Would you have a problem with that?

Lavendyr

MissMoneypenny wrote: »

I did read in here (not sure if it is true) that as long as the LL has told their lender they are letting the property, then the lender will honour the contract if the LL gets repossessed. I guess tenants need to see proof that the LL has permission to rent the property or get a credit check on the LL.

I suspect we are going to see more BTLers repossessed as the credit crunch bites.

I'd agree. Our letting agents now state in their T&Cs for landlords that they must see proof that the landlord has obtained permission to let from their mortgage lender, which I think is a new addition, but definitely a good one.