Tenant Referencing
Choose from Bronze, Silver, or Gold — three report levels designed to match your needs, detail, and control.
Fully Managed Service
Our fully managed service remotely manages your entire referencing process for you. Our experienced team is expert in assessing the myriad of tenant and guarantor personal circumstances presented.
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Using the latest technology, and an in-depth knowledge of the competitive lettings market, we have thought of everything to help you achieve the highest levels of speed, accuracy and efficiency.
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Using our fully managed service, you don’t have to worry about recruiting and training the right people. Instead, you can invest your resources elsewhere – on things that’ll help make your business more profitable!
Stay in control of what gets Assessed
You tell us how you want your applicants to be assessed, according to your business objectives and best practice guidelines.
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We perform the checks, chase the references and provide the report.
You are completely in control of what we provide:
Set your criteria branch by branch
Agree acceptable income sources
Allocate decision-makers within your branch or organisation
Data Security
Allocate acceptable rent ratio for tenants, and for guarantors
Set your policy on guarantor status
Set the reminder and chasing regime (for emails and SMS text messaging)
Why should I credit check tenants?
It is important that a tenancy agreement is backed up and protected by a full credit and history reference. Many landlords will be aware of the risks of letting to tenants who have not been credit-checked, and they will expect it as part of the letting process.
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Accurate and efficient referencing reduces much of the risk that goes along with renting a property. It is a way of ensuring that the tenant is in a financial position to adhere to the terms of the contract, has not previously defaulted on rental payments, and has a reliable financial history.
How do your credit scores work?
When anyone applies for a credit card, current account, personal loan, hire purchase (HP) agreement or mortgage, or any other form of credit, the lender will usually credit score the application. This helps the lender decide whether to accept your application and, where relevant, helps set your credit limit and interest rate.
Credit scores are calculated by using scoring models and mathematical tables that assign points for different pieces of information which best predict future credit performance. The system was pioneered in the 1950s by Fair Isaac & Co, and is generally known as a FICO score.
Developing these models involves studying how thousands, even millions, of people have used credit. Score-model developers find predictive factors in the data that have proven to indicate future credit performance. Models can be developed from different sources of data. Credit-bureau models are developed from information in consumer credit-bureau reports.
Credit scores analyse a borrower's credit history considering numerous factors such as:
Late payments
The amount of time credit has been established
The amount of credit used versus the amount of credit available
Length of time at present residence
Negative credit information such as bankruptcies, charge-offs, collections, etc.
