Tenant Check/Referencing

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    Tenant Check/Referencing

    My agent had a referencing check carried out on a tenant which stated that the tenant was an accept. However, in the affordability section it says refer. Is it normal for tenant checking/referencing company to provide an Accept even though they have shown that the tenant has not met the affordability criteria?

    In addition the tenant has declared that they have adverse credit but this was not declared to me by the agent. Should this have been declared?
    Where the tenant has also declared adverse credit they have also declared in the form that they will have a guarantor which never materialized. Should this have been received for an Accept to be provided if declared so by the tenant.

    Thanks

    #2
    Sounds a mess.

    Think I'd contact agent & fire him. Contact prospective tenant (I assume they've not moved in..) and re-reference both tenant & guarantor at your expense direct with another crredit ref agency. See what comes back & decide what to do.
    I am legally unqualified: If you need to rely on advice check it with a suitable authority - eg a solicitor specialising in landlord/tenant law...

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      #3
      Originally posted by mikeb19 View Post
      Is it normal for tenant checking/referencing company to provide an Accept even though...etc
      Yes.

      'Accept' is pretty meaningless, on its own.

      If you really want them to put their money where their mouth is, then ask (and pay) for them to guarantee the rent.

      As a part of checking a prospective tenant then it can be useful. You get what you pay for.

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        #4
        DIY. DIY DIY. I never trust agents to do referencing for me.

        It is us the landlords who will be out of pocket with rent and legal fees if tenants fail to pay - not the agent. There is every incentive for an agent to approve a borderline tenant so they can get their commission, but relatively little for them to decline.

        I would want to know the full circumstances myself and make informed decisions about a tenant. A guarantor in certain instances is essential, and if the tenant can't provide one then the sensible course of action is to decline.

        Although there is insurance protection out there, there is no better/cost-effective insurance than good thorough referencing.
        IANAL (I am not a lawyer). Anything I say here is just an opinion, so should not be relied upon! Always check your facts with a professional who really knows their onions.

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          #5
          Originally posted by theartfullodger View Post
          Contact prospective tenant (I assume they've not moved in..)
          My reading of it is the opposite actually (especially considering that the OP has ongoing problems with a dodgy tenant and incompetent agent...)

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