It stands to reason that the better a tenant’s overall previous tenure history is, the better the property they’ll get – and possibly at a better price too.
At Tenant Referencing UK our community of landlords, many who have suffered with bad tenants at some point, have openly said:
“I would be more than happy to offer my property at a lower rental if the incoming tenant had a high credit rating. I would also consider offering my property if they had good credentials from their last landlord.”
This is where our unique Tenant History database come into play.
What is a Tenant History Check?
The concept of Tenant Histories is built on a simple idea that if a tenant has failed to meet their tenancy contract obligations, they are less likely to give that landlords details when they move to a new property. Tenant Histories bridge this weakness in the rental market.
With over 500,000 Tenant History records, the only information provided is the details of a tenant’s previous landlord. This puts the potential landlord in touch with current/previous landlords and they can then find out whether the tenancy contract ended with any damages and/or rent arrears.
How do I make sure I have a good Tenant History?
Landlords look for most, if not all, of the following attributes in their future tenants:
- Good Rental History
- Good Credit History
Ask your current landlord (and previous, if possible) to join Tenant Referencing UK and upload your rental details onto our ever expanding database of good tenant histories.
It’s also possible to build your own tenant history and get the credibility you deserve. Simply register yourself here (click), provide limited details and an account manager will contact your previous landlords to access the history of your tenancies. Your unique file will then be created – it really is that simple!
So how do you show your new ‘landlord-to-be’ that you have been a great tenant and that they should offer you a tenancy with confidence?
Uploaded by landlords and letting agents, Tenant Histories provide a representation of a great rental history, helping to show a tenant as low risk.
Quite simply: if a prospective landlord can see that you have been registered on the TR Group referencing system, then they will trust you just that little bit more. Furthermore, we are experiencing a notable increase in cases where tenants who have been unable to meet the rental affordability have resulted in the landlord actually lowering the rent once a good tenant history has been proven.
So it would be a wise move to ask your existing landlord if they have registered your Tenant History on the TR Group database. If not, then they should join (free) here: http://bit.ly/2tC1HGN
What happens if I get flagged up?
If you have been registered on the system it will put your potential landlord in touch with your current and/or previous landlord. This enables your potential landlord to find out the truth about your current and previous rental history.
Can I dispute a Tenant History?
Fully compliant with the Information Commissioner’s Office (ICO), there is an official channel of recourse for tenants to request their LRS / Equifax file.
What if I fail the referencing process?
At the TR Group we never “Pass” or “Fail” any applicants. It is our belief that it is a landlord’s decision how they wish to run their business and that transparency and understanding is the key to a good landlord / tenant relationship.
Therefore we are not here to pass judgement, we’re here to provide landlords and letting agents with the relevant information that they need to make an informed decision on a case-by-case basis. This makes us different to any other referencing company out there (to-date) as the final decision is left solely in the landlord or letting agents hands. We simply collect the data.
Do you have any helpful referencing links that you can share?
Rent Affordability Calculator > http://bit.ly/2uEPshv
A cost effective ‘pre-reference’? Welcome to The Tenant Passport > http://bit.ly/2gRqTXH
Low-income/In receipt of benefits/CCJ’s? Please visit The Ark Passport > http://bit.ly/2u5aEM6