Understanding Common Abbreviations in the Rental Process
When you are reviewing the referencing notes on a property, you may come across various abbreviations that can be confusing if you are not familiar with them. Being able to understand these abbreviations can help make the notes you're reviewing much easier to understand.
In this article, we will explain some of the most common abbreviations you may encounter:
General Lettings Terminology
TT: Tenant
LL: Landlord
GT: Guarantor
Referencing Terminology
REF: Reference
POI: Proof of Income
POA: Proof of Address
R2R: Right to Rent (England & Wales only)
General Terminology
VM: Voicemail
CB: Call back
There are probably lots more, but these are the ones we have been asked about before! Please let us know if you see us using any terminology you're uncertain about, and we will be happy to explain it and update the list.
Now that you are familiar with these common abbreviations, you will hopefully be able to read the notes left by the various Propoly and LegalforLandlords teams with confidence. If you have any further questions, do not hesitate to reach out!
Thank you for choosing our rental services. We hope this article has helped understand the common abbreviations used in the rental process.