A: You're eligible for flatfair membership if:

  • You hold the right to rent in the UK
  • Your annual earnings amount to no less than 30 times your share of the total rent amount at the accommodation (e.g. if your monthly rent is £800, your annual earnings must be no less than £800 x 30 = £24,000)
  • You have no adverse credit (e.g. no CCJ's, bankruptcies or IVA's)
  • You can provide a previous landlord's reference stating that you paid your rent on time (if applicable)
  • You pass agency referencing criteria (if applicable)

OR 

If you don't fulfil the above criteria, you may: 

  • pre-pay the first 3 months’ rent of the rental period on or before the commencement date and thereafter pre-pay rent on a 3-monthly basis, or
  • a guarantor with an annual salary of at least 32 x their share of the total rent amount at the accommodation or
  • a guarantor provided by a company who has been incorporated for a minimum of 3 years and meet the affordability criteria against the tenant guarantor’s credit limit

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The above is applicable for private tenants only. To check the flatfair referencing criteria for company lets, please click at the link below:

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