Letter Requesting a Bank Reference for a Residential Tenant’s Guarantor
Letter Requesting Reference from Guarantor’s Bank
This Letter Requesting a Reference from the Guarantor’s Bank should be printed on the landlord's headed paper. It is addressed to the bank manager and includes a "consent" section which must be signed by the proposed guarantor.
The letter asks the bank manager to comment on the proposed guarantor’s financial standing. The response will assist the landlord in deciding whether the proposed guarantor is acceptable.
Under the Tenant Fees Act 2019 (which affects England only) and the Renting Homes (Fees etc.) (Wales) Act 2019 (which affects Wales only), landlords and/or letting agents are prohibited from charging tenants fees for setting up new tenancies caught by these acts, which includes the cost of obtaining references. It will be the landlord’s responsibility to meet these costs.
This Letter Requesting a Reference from the Guarantor’s Bank is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.
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