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I am taking on a lease for a commercial property.They agent has requested references from the bank etc.I do have a bank account but I dont use it a great deal and it it a very basic account,I dont have a debit or cash card.It has been kept in a reasonable order but I have been overdrawn 3 or 4 times,one direct debit that has failed and have had about 3 or 4 cheques that have bounced,this is over the space of around 5 years.What kind of reference will they give me.Thanks

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Probably a reference that reflects your account. The info will probably be passed onto the leaseholder for them to make a dicision. I must say you really should have a business account with a bank if your thinking of taking on a lease etc. unless i misunderstand the problem. If your paying cash though it shouldnt be a problem, unless there is some rules about that, wait and see what happens then take it from there :-)

 

rich

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