How do I check a potential tenants credit?

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  • How do I check a potential tenants credit?

    Sorry if this is a stupid question but after my agent disappointed on my two previous tenants I'm thinking of doing it myself. But how do I check a potential tenants credit history?

  • #2
    Originally posted by Mitz View Post
    Sorry if this is a stupid question but after my agent disappointed on my two previous tenants I'm thinking of doing it myself. But how do I check a potential tenants credit history?
    Try:

    a. Experian or Equifax (commercial credit-reference agencies) PLUS confirmation of creditworthiness/trustworthiness from:
    i. T's previous L;
    ii. T's bank etc; and
    iii. T's employer (if any); or

    b. MARAS (insurer which offers a package of referencing plus tenant guarantee, so no need for you to take any deposit at all).
    JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
    1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
    2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
    3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
    4. *- Contact info: click on my name (blue-highlight link).

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    • #3
      We use a company called homelet

      http://www.homeletuk.com/

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      • #4
        www.tenantverify.co.uk as promoted on this website do a great job for 30 quid ( not just creditchecks )

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        • #5
          How do I check a potential tenants credit?

          Thx Jefrey, Fallenlord and Colin.

          Great site I've learnt loads in a week. Wish I'd joined 12 months ago!

          Comment

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