what contributes to failure of referencing during tenancy?

Guest101

srh1 wrote: »

well she said she didn't know because they give the info to the referencing agency and then they say pass or fail.

Ok so what criteria do they tell the reference agent to use.

Here's an example: I'm a landlord, I'm happy to rent to anyone on benefits. The letting agent needs to tell this to the reference agent, otherwise my tenants would all 'fail'

It's such a blatant con.

Guest101

srh1 wrote: »

Can these reference companies somehow see what my dealings were with my previous landlords? I am only just worried about that one tenancy agreement that I did not follow but it was upon approval of the landlord that I could leave early.

No, of course not. Not anymore than I can.

[Deleted User]

Have they said you would lose the deposit money? Its not a holding deposit if its going to the DPS as deposit against damages against the property. I'd suggest getting written confirmation of this. It sounds a bit iffy. I suspect they are trying to say its a holding deposit until you are accepted and then it magically becomes a deposit to be held against damage by the DPS. Which means they are hedging their bets. I would be reluctant to use an agency that did this.., kept £1k of my money for a reference fail. Imagine how much they could make a week!

I did come across an LA who wanted to charge £600 in admin fees etc (plus deposit).., whereas most agencies in the area were charging £100. I didn't use them.

Pixie5740

srh1 wrote: »

Can these reference companies somehow see what my dealings were with my previous landlords? I am only just worried about that one tenancy agreement that I did not follow but it was upon approval of the landlord that I could leave early.

Landlords do not report to the credit reference agencies. The credit reference agencies report your credit accounts.

As part of the referencing though you may well be asked to provide references from previous landlords.

HappyMJ

Pixie5740 wrote: »

Landlords do not report to the credit reference agencies. The credit reference agencies report your credit accounts.

As part of the referencing though you may well be asked to provide references from previous landlords.

That landlord though may have had rental protection insurance. A claim may have been registered with the (tenant) referencing agency the new LL/agency is using and the tenants name appears on that list as having not previously paid rent leading to an insurance claim.

@SRH1 -- Don't put at risk any more than £100 with any agency. Pay a non-refundable maximum of £100 any time before the tenancy starts for reference checks to be carried out and when approved on the day you pick the keys up then pay the remainder of any agency fees required, the first months rent (or six months rent if required) and any deposit required which will be a refundable deposit.

srh1

HappyMJ wrote: »

That landlord though may have had rental protection insurance. A claim may have been registered with the (tenant) referencing agency the new LL/agency is using and the tenants name appears on that list as having not previously paid rent leading to an insurance claim.

@SRH1 -- Don't put at risk any more than £100 with any agency. Pay a non-refundable maximum of £100 any time before the tenancy starts for reference checks to be carried out and when approved on the day you pick the keys up then pay the remainder of any agency fees required, the first months rent (or six months rent if required) and any deposit required which will be a refundable deposit.

Thank you for your input guys. I contacted them and they made it clear in writing that I wouldn't lose my deposit should the referencing fall through, it will be refunded to me. Also I can't find any agency that charges anything less than £170 here.