Tenant Vetting, Referencing & Credit Check

The objective of vetting is to empower yourself so you can make an informed decision as to the calibre of the prospective Tenant. Making your decision on facts and figures is invaluable and this is why you should always take references and complete a Tenant credit check on a prospective Tenant. and look for CCJS (see sample CCJ report)

Whilst the vast majority of Tenants are good the fact remains there are over 150,000 possession hearings a year. Such Tenants can easily be identified and avoided by following our tried and tested methods

Step 1 The Vetting Process starts with the Tenant completing your Tenant Application Form always ask for a Guarantors
Step 2 You require the Tenant to pay a holding fee you could provide the Tenant the Prospective Tenant Moving Guidance Sheet
Step 3 work to a Vetting Check List
Step 4 Tenant Referencing (bank, employer, Landlord etc) and Check Bank Statements
Step 5 Final check Tenant Credit Check -
Tenant Credit Score 400 to 620 the higher the score means less risk see score detail

For reference

Check if your Tenant is Bankrupt or subject to Debt Relief Order click here
How to Select a Tenant
Reducing Rent Voids
The Classic Deception
Evicting a Bad Tenant is a Complicated Affair

Sample report VIEW HERE

If you pick a bad Tenant or are duped it can take you 6 months to evict a Tenant during which time you may receive no rent. The councils and charitable organisations will happily give the Tenants free advice and inform them to stay put.