Cost of referencing

The cost of referencing will vary depending on how it is carried out, how many checks are undertaken and whether a specialist referencing company or agent is used.

Many agents will pass on the cost to their client landlords and/or tenants. If this is the case it should be made clear that the fee is non refundable.

Most landlords do one of the following:

The cost of referencing will vary depending on how it is carried out, how many checks are undertaken and whether a specialist referencing company or agent is used.

Many agents will pass on the cost to their client landlords and/or tenants. If this is the case it should be made clear that the fee is non refundable.

Most landlords do one of the following:

• Incorporate the cost into the rent without taking a fee or deposit
• Incorporate the cost into the rent and take a holding deposit
• Charge for the cost of referencing and refund an equivalent sum if the tenant is successful