For landlords

Rent affordability calculator

Put in the rent. See the income figures a referencing check is built on, and what evidences each one.

Your figures

Monthly rent
Who is named on the tenancy?

This page is general information about how referencing checks are built. It is not legal advice and it is not a substitute for advice on your own tenancy. Nothing you type leaves your browser. We do not receive it, and nothing is saved.

What a referencing check asks for on a rent of £1,250 a month

Three payslips, the bank statements they land in, and an employer reference

For one tenant, then a multiple is applied to the income those documents show. No multiple is set by law, none of them is a test you have to use, and applying an income rule rigidly can amount to indirect discrimination under section 19 of the Equality Act 2010. Look at the whole application.

  • 30x monthly rent, as annual gross incomeThe multiple most commonly applied. Ask which test is being used before you read anything into a pass or a fail, because agencies do not all use the same one and some work from a share of gross income instead.£37,500
  • The same figure, monthly£3,125

What evidences it

The income still has to be shown

01Employed

Three most recent payslips with the matching bank statements, and an employer reference giving the gross salary and whether the role is permanent.

02Self employed

Two years of accounts or SA302 tax calculations, and the bank statements the income lands in.

03On benefits

An award letter or the statement from the paying body. A blanket refusal to consider an applicant because their income is from benefits can amount to indirect discrimination under section 19 of the Equality Act 2010, and a guarantor requirement applied only to benefit claimants carries the same risk.

The law this rests on

The provisions, in their own words

Keep the record, not the paperwork

VEYLO X holds the tenancy record both sides read, so the dates and the documents are in one place.