Credit Score for Landloards

Jasonh2015

I was reading a listing for renting a property in Manchester, working away from home. In the listing it says you need a "Credit Score" of 650 - 1000. How could they possibly see a factious score from Credit Agencies? Are Estate Agents trying to change the way lettings work?

ItsComingRome

Jasonh2015 said:

I was reading a listing for renting a property in Manchester, working away from home. In the listing it says you need a "Credit Score" of 650 - 1000. How could they possibly see a factious score from Credit Agencies? Are Estate Agents trying to change the way lettings work?

The CRAs will sell a score to anyone who wants them.  Lenders aren't interested but small lettigns agencies who can't justify setting up their own systems might.

Jasonh2015

Thanks, must be a northern thing... 

BeerSavesMoney

I moved recently and the referencing was completed through Canopy who use Experian.

Canopy used the Experian credit score to determine if we could rent deposit free. On the Canopy account you can see the same score as given by Experian.

https://www.canopy.rent/renters

msallen

Jasonh2015 said:

Thanks, must be a northern thing... 

It is. Whenever we get a dodgy southerner applying to immigrate.

[Deleted User]

BeerSavesMoney said:

I moved recently and the referencing was completed through Canopy who use Experian.

Canopy used the Experian credit score to determine if we could rent deposit free. On the Canopy account you can see the same score as given by Experian.

https://www.canopy.rent/renters

I can guarantee you that their judgement is not based on the gimmick score, just the history