Finance Reference when havent completed accounts

[Rangster]

Hi,

I have been trading since October and havent completed a set of accounts yet.

I need to supply a reference to my new landlord in order to secure a flat. But as I havent completed a set of accounts, my accountant cant supply my landlord the requested reference.

Has anyone come across this and can suggest a way around it or ideas of some information which would appease my landlord?

I am a Kiwi so a guarantee from my parents isn't much help!

Thanks,
Wayne

[Danbro]

Danbro Accounting Ltd

Hi,

I have been trading since October and havent completed a set of accounts yet.

I need to supply a reference to my new landlord in order to secure a flat. But as I havent completed a set of accounts, my accountant cant supply my landlord the requested reference.

Has anyone come across this and can suggest a way around it or ideas of some information which would appease my landlord?

I am a Kiwi so a guarantee from my parents isn't much help!

Thanks,
Wayne

Hi Wayne,

I come accross this a lot, landloards normally just take a phone call from the accountant / letter advising that in their opinion they can meet the monthly rent.

Even mortgage companies accept projected figures if trading is less than 1 year
Thanks
Neil

[r0bly0ns]

When I took out a mortgage during my first year of business, my accountant just wrote the bank a letter stating that I would earn £35k that year and he saw no reason why that would change in the future.


Have you asked the landlord and accountant about this?

[expat]

Hi,

I have been trading since October and havent completed a set of accounts yet.

I need to supply a reference to my new landlord in order to secure a flat. But as I havent completed a set of accounts, my accountant cant supply my landlord the requested reference.

Has anyone come across this and can suggest a way around it or ideas of some information which would appease my landlord?

I am a Kiwi so a guarantee from my parents isn't much help!

Thanks,
Wayne

I gave them 6 months rent up front, and that did the trick. Showing that 6 months rent is not of any great significance to you may help.