| Most Landlords and Letting agents have a clear | | | | 2. Employers reference |
| idea of what their preferred tenant should be like. | | | | An employer reference check should just confirm |
| This tenant is professional, reliable, polite, prompt | | | | the tenant's employment status. Most employer |
| with rental payment, considerate to neighbours | | | | referees will not provide anything but factual |
| and overall causes no concern for the landlord or | | | | information. |
| letting agent at all. But how do you find such a | | | | You should be confirming:o The tenants annual |
| catch without running a tenant check? | | | | Salaryo How long they have worked for the |
| All of the above characteristics are very desirable, | | | | company statedo If they are part-time, full-time |
| but above all these things, what a letting agent or | | | | or contractedo Confirmation that the referee is |
| landlord really needs in honesty and | | | | the tenants current employer |
| communication. A tenant that will communicate | | | | 3.Landlords Reference |
| when there is an issue and work with you as the | | | | If the tenant you have in mind is already living in a |
| property owner to reach solutions makes | | | | rental property then it is very much worth your |
| everybodys life easier. On the other hand, having | | | | while getting a reference from the previous |
| a tenant who does not answer correspondence, is | | | | landlord. Any good reference will ask for following |
| not helpful when issues arise and cannot be | | | | questions:o How long was the tenant in this |
| contacted when the rent is due can become a | | | | property, what were the contract dates?o How |
| nightmare very quickly. The following will detail | | | | much was the rent for this property?o Did the |
| how to run tenant checks successfully to help | | | | tenant pay their rent on time?o Was the |
| you find those wonderful tenants. | | | | property look after by the tenant?o Would the |
| There are a few steps a landlord or letting agent | | | | landlord recommend this tenant? |
| can take to fully check tenants before accepted | | | | 4. Guarantor's reference |
| them into the property | | | | If a situation arises where you are unhappy with |
| 1. Credit Checks | | | | the results of the tenant checks then a using a |
| Running a credit check on a prospective tenant is | | | | guarantor may be a good option. This is usually |
| about confirming that they are financially | | | | done for those who are students with no secured |
| responsible, most credit reports will confirm:o That | | | | income, a tenant with a low income or a tenant |
| they are on the electoral registero Confirm | | | | who has an irregular employment history. A |
| previous addresseso Any CCJ's, satisfied for | | | | guarantor will be a close relative or someone |
| unsatisfiedo Any bankruptcies or insolvencies | | | | willing to assume financial liability for the tenant if |
| Key information to look out for in tenant checking | | | | the tenant stops paying rent. This means that if |
| is the appearance of CCJ's (County Court | | | | the tenant defaults on rent it is the guarantor's |
| Judgements) on a credit score. If a prospective | | | | responsibility to take over these rental payments, |
| tenant has one or more CCJ's then it means the | | | | protecting your property investment. |
| tenant owes a creditor money and has been | | | | Finding a reliable and fast tenant checker service |
| taken to court to settle that payment. CCJ's will | | | | is vital in finding the right tenant for your |
| be present on a credit report for 6 years, if they | | | | property. Online systems can check tenant |
| are marked as unsatisfied the tenant still has | | | | suitability in a matter of minutes. Make sure all the |
| outstanding debts to be paid and may be worth | | | | boxed are checked before accepting a tenant to |
| avoiding. | | | | get a better chance of finding your ideal renter!! |