Tenant Credit Check
Our Tenant Credit Check is a useful tool that can be used as a stand-alone service or in conjunction with our Individual Pre-Sue Reports.
If you are a private landlord, you will appreciate how important it is to “get to know your customer” entering into any agreement.
Confirming who your tenant says they are and their ability to pay (employment check) is crucial. Equally, a tenant or customer, credit check is a fundamental discipline helping you to choose the right customers and protect your profit margins.
Statistically, tenants with adverse credit are nearly two thirds more likely to default on their rent than a tenant with a good credit rating*
*(Obtained from the Association of Residential Letting Agents (ARLA) 2019)
Our Tenant Credit Check is a detailed credit and background report providing hard facts revealing whether a prospective tenant has had any previous problems paying other financial commitments within the last six years. Should you be unfortunate enough to encounter a bad tenant and wish to instigate proceedings, then our Tenant Credit Check can be a valuable means of assessing your next move, to avoid such encounters in the first place.