Tenant Reference Checks

 

Letsmanage.co.uk provides low cost property lettings management that flexes to meet the needs of private landlords.

Renting a property without adequate tenant checks can result in a problem tenant that will end up costing you £thousands in lost rent and administration to private landlords. Checking tenant risk with a registered company, such as http://www.credit-check-services.co.uk can help greatly in reducing the risk of lost rental income due to inappropriate tenants. Services provided include:

For £8.95 you can get a risk profile rating, this rating takes account of their history including any county court judgements, bankruptcy, identity traces, and more.

For £13.95 additional information to the risk profile rating is provided including details from the Electoral Roll register, details from any County Court Judgements, and details of any previous linked address to the tenant.

For £22.95 a comprehensive tenant credit report covering all of the above plus enhance identity checks and interrogation of the Insight databases to establish further traces for the tenant.

If you end up in the situation where the tenant leaves the property with rent owed under a tenancy agreement you can locate them for as little as £19.95.

For more details on tenant reference checks click on this link

Obtaining a report from a credit checking company is one part of the process in assessing tenant suitability, some other reference checks are suggested below:

Employer references, including validation of that the employer is genuine

Photo identity, ideally a passport (most people should have one). This should be used to cross-check the identity with reports obtained from companies such as credit-check-services.

Previous landlord reference, again this should include validation that the landlord exists.

Financial checks. Ask to see copies of recent bank statements and utility bills such as mobile and gas/electricity for their last rented property. Check to see that payments are made on time and cross check the bank details.

At LetsManage we conduct all of these checks and more to help ensure that only the most suitable tenants are selected. Please contact us for more information about our lettings management services.