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Tenant Vetting Check

carpediemspirit
carpediemspirit Posts: 72 Forumite
in House buying, renting & selling
Hi All,

Does anyone have a recommendation for a tenant vetting service ? I am thinking of using Rentchecks. I have a couple interested in my property and was thinking of doing an advanced affordability check on each.

However, its a bit steep to do a check on one person (£30), however it tends to be focused on the lead tenant and other party, without giving me details about the secondary party e.g. salary etc. If want more details about the secondary party, I need to do a separate report.

Looking forward to your comments
Regards

Comments

  • Werdnal
    Werdnal Posts: 3,780 Forumite
    Part of the Furniture Combo Breaker
    £30 doesn't sound that much to verify a tenant's credit history - you are giving them sole possession of your most valuable asset, after all.

    You can always charge the tenant for the credit check if you are that concerned about the price!

    Don't start out being a cheapskate landlord and live to regret it ;)
  • discplayer
    discplayer Posts: 160 Forumite
    I've used eletsure a few times and would again.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    There are numerous tenant check agencies - just google and compare. Most do a very similar service, varying from around £15 per person for a basic online search (CCJs, electoral role, credit history) to £30 - £40 pp to include employer/previous LL references etc.

    You would be wise to check each joint tenant (and/or each guarantor if applicable).

    Personally I check references myself & use the agencies for the credit searches etc.

    paragonadvance
    letsure
    homelet
    creditexpert
    tenantsure

    Your landlords association will probobly provide a discounted service too.
  • Experian_company_representative
    Experian_company_representative Posts: 2,134 Organisation Representative
    Part of the Furniture Combo Breaker
    You can't order someone else's full credit report of course but Experian does provide a separate tenant checking service, with various levels of investigation including public credit report information (CCJs etc). Details here.

    James Jones
    “Official Company Representative
    I am an official company representative of Experian. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"

    Posts by James Jones, Neil Stone, Stuart Storey & Joe Standen
  • newsgroup_monkey
    newsgroup_monkey Posts: 849 Forumite
    I've just paid £100 for 2 people which I'm told is very cheap.

    My old LA charges £90 per person (anyone over 18 has to be checked) plus £100 admin charge to set it up.

    This one is through "Let Risks". They seem thorough enough.
    The smaller the monkey the more it looks like it would kill you at the first given opportunity.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Experian_company_representative wrote: »
    You can't order someone else's full credit report of course but Experian does provide a separate tenant checking service, with various levels of investigation including public credit report information (CCJs etc). Details here.

    James Jones
    Advice?

    Or touting?

    ..........
  • nikki1520
    nikki1520 Posts: 510 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    My vote is for informative touting - I didn't know that Experian did that
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    nikki1520 wrote: »
    My vote is for informative touting - I didn't know that Experian did that
    So if I 'inform' you that I run a letting agency and can find tenants for BTL landlords.........
This discussion has been closed.
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