Finance Reference when havent completed accounts

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expat replied

21 April 2008, 19:05
Originally posted by Rangster View Post

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.
Leave a comment:
r0bly0ns replied

21 April 2008, 16:56
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?
Leave a comment:
Danbro replied

21 April 2008, 16:27
Danbro Accounting Ltd

Originally posted by Rangster View Post

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
Leave a comment:
Rangster started a topic Finance Reference when havent completed accounts

21 April 2008, 16:24
Finance Reference when havent completed accounts

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
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