I didnt know renting a property could be so frustrating! please give me your insights.
my priority just now is finding a nice property to rent out for my daughter and l. She is currently in Hong Kong.
l had actually applied for a flat in Edinburgh and was accepted immediately by the landlord. Homeslet checks were all passed. l had sent my Nationwide bank statement showing >£60K, my title deed for an Edinburgh flat, purchased at £323K and TSB bank statement showing regular monthly payments by my current property manager, showing >£36K rental income.
However the landlord rejects my application 'as circumstances has changed' according to the property agent. l am “self employed/investor/landlord” l reckon its because l am considered unemployed / no tax returns / provided no references (could provide my current property manager, as an income reference). should l put all 3, “self employed/investor/landlord”? what would the property agent or landlord prefer to see? How about my current address? Hong Kong or my Edinburgh address? l am currently in Hong Kong, but live in Edinburgh with my relatives and will shortly be back. so can put either address. Edinburgh seems most suitable.
so frustrating, albeit first application, please let me know asap as there is another property that l like and like to apply for. The last option l have is handing a 28 day NTQ to the current tenants. But this is highly undesirable. opinions ?