Do you credit check all propsective tenants or just one set?

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    Do you credit check all propsective tenants or just one set?

    Do you credit check all different tenants if you have several apply, or do you just go ahead and check one that you most like the sound of from the application?

    #2
    Originally posted by ellexesse View Post
    Do you credit check all different tenants if you have several apply, or do you just go ahead and check one that you most like the sound of from the application?
    If you don't like the look of the others, though, why are you letting to them?
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      #3
      We haven't actually seen them yet, doing it tomorrow. We were trying to understand whether we should get the money for the check at the time when they fill in the application or whether to wait until later when we have chosen the one with whom we want to potentially proceed. I guess that you would recommend only giving the application form to those who you thought were suitable at the viewing? What if more than one person seemed suitable though? Is it normal to charge them all and yet only ultimately choose one?

      Thanks for the help.

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        #4
        It would completely depend upon how you want to do it, and what you would feel most comfortable with. At my previous agency, we would allow just one tenant to sign up, with the others as permitted occupiers. However, the one person who had the checks etc. done against them would also be the only person on the tenancy agreement, and so would be the person responsible - many tenants wanted to do this if one was working and one wasn't (and thus would require a guarantor).

        However, I now insist that all tenants are referenced, so that we can be sure that everyone who enters into the agreement is the type of tenant that we want in the property.

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          #5
          Did you do this for only one set? We have several people coming to view the house tomorrow and are wondering if we should be checking them all out at their cost? Seems a little harsh seeing as we can only go with one set of tenants in the end.

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            #6
            Originally posted by ellexesse View Post
            Did you do this for only one set? We have several people coming to view the house tomorrow and are wondering if we should be checking them all out at their cost? Seems a little harsh seeing as we can only go with one set of tenants in the end.
            The way that we play it is 'first come, fist served', so whoever puts down the application fee then has the property. It may be worth taking applications from all sets of tenants and then making a decision about which set you want to go for (based on their application forms (if you are using any)) - but make all the sets of tenants aware that you may be taking multiple applications.

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              #7
              Presumably you're talking about different applicants for different tenancies, rather than several people applying as sharers for one tenancy, right?

              I basically make up my mind which applicants are the ones I want as tenants from having interviewed them when they view the property; if they're interested I will explain I will need to get credit checks, references etc, and will have asked them verbally whether there's any bad credit history and whether they earn enough to fulfil my income criteria.

              The chosen punter(s), and them alone, get put through the credit/reference checking mill etc, and hopefully get offered the tenancy.

              The point is that the checking process really just serves to confirm and verify the information they have provided is true and accurate; I would never want to use it to 'rank' a succession of applicants. So I really can't see the point in checking out everyone who applies, as you're suggesting - complete waste of everyone's time and money.

              I think only once have I had an applicant complete my application form, get credit checked etc, and not then gone on to be offered a tenancy.

              Comment


                #8
                Originally posted by Ericthelobster View Post
                Presumably you're talking about different applicants for different tenancies, rather than several people applying as sharers for one tenancy, right?

                I basically make up my mind which applicants are the ones I want as tenants from having interviewed them when they view the property; if they're interested I will explain I will need to get credit checks, references etc, and will have asked them verbally whether there's any bad credit history and whether they earn enough to fulfil my income criteria.

                The chosen punter(s), and them alone, get put through the credit/reference checking mill etc, and hopefully get offered the tenancy.

                The point is that the checking process really just serves to confirm and verify the information they have provided is true and accurate; I would never want to use it to 'rank' a succession of applicants. So I really can't see the point in checking out everyone who applies, as you're suggesting - complete waste of everyone's time and money.

                I think only once have I had an applicant complete my application form, get credit checked etc, and not then gone on to be offered a tenancy.
                I was equally unclear as to what the OP was referring to.
                Perhaps she can clarify her query.
                Personally, I wouldn't put anyone in a property who hadn't been checked by my process, regardless of who is actually paying rent.

                I apply a very similar method to what you do for verifying people and its has worked well for many years.

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                  #9
                  Originally posted by ellexesse View Post
                  Did you do this for only one set? We have several people coming to view the house tomorrow and are wondering if we should be checking them all out at their cost? Seems a little harsh seeing as we can only go with one set of tenants in the end.
                  If I wanted to rent a place and the landlord wanted me to pay for a credit check with no guarantee of actually being able to live there, I wouldn't bother. I'd find another place to live. I've only rented a couple of places, but both times the agents took it off the market as soon as I'd paid the credit check/application fee.

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                    #10
                    Originally posted by squirrel007 View Post
                    If I wanted to rent a place and the landlord wanted me to pay for a credit check with no guarantee of actually being able to live there, I wouldn't bother. I'd find another place to live. I've only rented a couple of places, but both times the agents took it off the market as soon as I'd paid the credit check/application fee.
                    Seems perfectly reasonable.
                    'Pause you who read this, and think for a moment of the long chain of iron or gold, of thorns or flowers, that would never have bound you, but for the formation fo the first link on one memorable day'. Charles Dickens, Great Expectations

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