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    • B9323
    • By B9323 13th Feb 18, 11:18 AM
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    B9323
    What is shown on a estate agent check?
    • #1
    • 13th Feb 18, 11:18 AM
    What is shown on a estate agent check? 13th Feb 18 at 11:18 AM
    I know when going through an estate agent they will run a check but what can they see?
    Can they see my actual credit score that I would see and any loans or payments I make to them etc.

    I'm just a bit worried as my score is really bad 281 on equifax/clearscore.
    I have been renting though for 2 years no payments missed and I earn 30k before tax.

    Any ideas of what to expect and what they can actually see as if it uses my credit score than lenders see I doubt il be able to move.
Page 1
    • rachpid
    • By rachpid 13th Feb 18, 11:44 AM
    • 9 Posts
    • 2 Thanks
    rachpid
    • #2
    • 13th Feb 18, 11:44 AM
    • #2
    • 13th Feb 18, 11:44 AM
    If it helps I just had checks done by HomeLet for my new house and sailed on through. I think they are particularly thorough compared to some too. I have a terrible credit rating (lower than yours!) as I've been on a debt management plan for a number of years, and because of that have quite a few defaults. My husband's is also bad due to being linked to mine.

    All they see is if you have CCJs, IVAs or are bankrupt. They also work out a rating based on your income (pre tax) to rent ratio, not sure exactly what they look for but our income is approx 3.5 times our rent (2.8 after tax). they also check if you are on the electoral roll of your current property, and mine got references from my current landlord and manager to confirm income and rent payments.
    • buggy_boy
    • By buggy_boy 13th Feb 18, 11:56 AM
    • 313 Posts
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    buggy_boy
    • #3
    • 13th Feb 18, 11:56 AM
    • #3
    • 13th Feb 18, 11:56 AM
    Im guessing you are looking to rent a new place?

    Do you know why your credit rating is so low? Usually salary will need to be 3-3.5 times your rent. Would your parents, family member or friend be willing to be a guarantor? At least if you could have someone on standby if needed, be open and honest with the letting agent about your credit rating and any CCJ's/IVA's, give them the reasons for them, offer a guarantor, that way they can go to the landlord and ask if it is acceptable before having to pay out the ridiculous fee for referencing im sure they will charge.
    • B9323
    • By B9323 13th Feb 18, 12:02 PM
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    B9323
    • #4
    • 13th Feb 18, 12:02 PM
    • #4
    • 13th Feb 18, 12:02 PM
    It's mainly high levels of money owed I can afford to pay it off and still pay rent as I've been managing to for the last year but yes I want to move.

    I don't have iva cc bankruptcy etc. Just a very low score.

    I had a go on this thing called mudhut that let's you do a self tenant check for yourself and it comes out at high risk even though I have no ccjs etc etc on electoral roll etc.
    If they cannot see my current credit commitments and score why did there one come up as high risk?
    • B9323
    • By B9323 13th Feb 18, 12:03 PM
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    B9323
    • #5
    • 13th Feb 18, 12:03 PM
    • #5
    • 13th Feb 18, 12:03 PM
    I'm also not on a dmp either I'm just repaying payments as agreed originally.
    • Pixie5740
    • By Pixie5740 13th Feb 18, 12:06 PM
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    Pixie5740
    • #6
    • 13th Feb 18, 12:06 PM
    • #6
    • 13th Feb 18, 12:06 PM
    Nobody but you can see the credit scores generated by the credit reference agencies. Not banks, not building societies, and not letting agents.

    When referenced by a letting agency all the credit check part consists of is checking your public credit files. All public credit files show are CCJ and insolvency. Since you don't have any CCJ and are solvent there will be nothing for them to see.
    • david1951
    • By david1951 13th Feb 18, 12:10 PM
    • 388 Posts
    • 443 Thanks
    david1951
    • #7
    • 13th Feb 18, 12:10 PM
    • #7
    • 13th Feb 18, 12:10 PM
    It's mainly high levels of money owed I can afford to pay it off
    Originally posted by B9323
    So why not pay it off then?

    Or do you mean you can afford the monthly payments?

    In any case, as others have said I don't think credit scores come up on letting/estate agency checks.
    • B9323
    • By B9323 13th Feb 18, 12:20 PM
    • 9 Posts
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    B9323
    • #8
    • 13th Feb 18, 12:20 PM
    • #8
    • 13th Feb 18, 12:20 PM
    But it says they carry out credit checks?

    If that's the case why did my one on mudhut come back as high risk if they can't see my credit score.
    Can they see what I'm paying luke what loans I have already etc is that available to see?
    Just confused as how mudhut one worked.

    Funnily enough the letting agents I use will be using homelet but it says they do credt checks so I'm assuming they can see what loans I have etc
    • B9323
    • By B9323 13th Feb 18, 12:21 PM
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    B9323
    • #9
    • 13th Feb 18, 12:21 PM
    • #9
    • 13th Feb 18, 12:21 PM
    And yes I can afford to pay it monthly not All at once I'm paying off bigger chunks where I can and its slowly coming down thankfuly I've got myself on track before I needed a dmp and have been comfortable for the last half year without any worries and should have everything payed off within a year or so
    • Comms69
    • By Comms69 13th Feb 18, 12:29 PM
    • 2,970 Posts
    • 2,936 Thanks
    Comms69
    I know when going through an estate agent they will run a check but what can they see?
    Can they see my actual credit score that I would see and any loans or payments I make to them etc.

    I'm just a bit worried as my score is really bad 281 on equifax/clearscore.
    I have been renting though for 2 years no payments missed and I earn 30k before tax.

    Any ideas of what to expect and what they can actually see as if it uses my credit score than lenders see I doubt il be able to move.
    Originally posted by B9323


    Public information only.


    No-one apart from you ever sees your score, it's just a number.
    • Comms69
    • By Comms69 13th Feb 18, 12:32 PM
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    Comms69
    But it says they carry out credit checks?

    If that's the case why did my one on mudhut come back as high risk if they can't see my credit score.
    Can they see what I'm paying luke what loans I have already etc is that available to see?
    Just confused as how mudhut one worked.

    Funnily enough the letting agents I use will be using homelet but it says they do credt checks so I'm assuming they can see what loans I have etc
    Originally posted by B9323
    No, they cant.


    Credit checks work on a give and take basis.


    Lenders who provide reports have access to see what exists. Letting agents, and homelet, do not.


    What they do have is access to their own shared private databases, so they may have information on you there, but you would only find out by issuing a SAR and paying 10.
    • rachpid
    • By rachpid 13th Feb 18, 12:40 PM
    • 9 Posts
    • 2 Thanks
    rachpid
    But it says they carry out credit checks?

    If that's the case why did my one on mudhut come back as high risk if they can't see my credit score.
    Can they see what I'm paying luke what loans I have already etc is that available to see?
    Just confused as how mudhut one worked.

    Funnily enough the letting agents I use will be using homelet but it says they do credt checks so I'm assuming they can see what loans I have etc
    Originally posted by B9323
    Seriously. If I can pass the checks, and you have no CCJs etc as discussed earlier on the thread, all your references etc will be fine (so no conflicting info), you're on the electoral roll and you can afford the rent, then you will be fine. Out of interest, who are the estate agents?
    • Pixie5740
    • By Pixie5740 13th Feb 18, 12:42 PM
    • 11,930 Posts
    • 16,799 Thanks
    Pixie5740
    But it says they carry out credit checks?

    If that's the case why did my one on mudhut come back as high risk if they can't see my credit score.
    Can they see what I'm paying luke what loans I have already etc is that available to see?
    Just confused as how mudhut one worked.

    Funnily enough the letting agents I use will be using homelet but it says they do credt checks so I'm assuming they can see what loans I have etc
    Originally posted by B9323
    Indeed mudhut will have checked your public credit files but your public credit file is not the only thing used to reference you. How does the rent compare to your income? Are you in full time employment or do you have zero hours contract? What kind of references have previous landlords given you? Are you on the electoral register?
    • Pixie5740
    • By Pixie5740 13th Feb 18, 12:49 PM
    • 11,930 Posts
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    Pixie5740
    From mudhut's own website:

    A Mudhut Tenant Credit Check Includes:

    Identity Check
    Comprehensively validate the identity of a tenant, including:

    Residency - Electoral Roll, credit agreements, BT telephone and court data
    Identity - Electoral Roll, credit agreements, BT telephone
    Alerts - HM Treasury Sanctions, Senior Political Figures, OFAC and deceased check

    Credit Report and Score

    Credit score** - numerical score indicating the credit worthiness of the tenant
    Aliases - names identified as aliases
    Associates - details of financial associates
    Electoral Roll - details of the tenant and associates on the electoral roll
    Adverse Data - details of any bankruptcies, insolvencies or County Court Judgements
    Previous Addresses - checks on linked addresses such as previous addresses

    **This is a credit score that mudhut make up for you based on the criteria listed above where you are scored out of 500. Equifax (the credit reference agency mudhut uses) score people out of 700 so it's not the same score because there is no such thing as a universal credit score and nobody can see the credit scores made up by the credit reference agencies except for you.
    Last edited by Pixie5740; 13-02-2018 at 12:58 PM.
    • B9323
    • By B9323 13th Feb 18, 1:01 PM
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    B9323
    Mudhut never asked for rent amount etc :s as I just did a check myself as a tenant.

    Maybe homelet will be OK.
    If they use equifax experian etc does your normal borrowing etc play a part in the score giving to be able to rent or is it only based off ccjs income etc.
    Like if they used experian the in depth one would experian mark it down as unworthy due to owing money or would it be made up of other stuff.
    • Pixie5740
    • By Pixie5740 13th Feb 18, 1:06 PM
    • 11,930 Posts
    • 16,799 Thanks
    Pixie5740
    I give up
    • B9323
    • By B9323 13th Feb 18, 1:09 PM
    • 9 Posts
    • 0 Thanks
    B9323
    I got an email back from mudhut saying the score is made up of any ccjs etc but also past credit history and is provided by equifax.

    As I don't have any ccjs or iva etc the only possible way to explain the low score is that equifax used my actual credit score and loans I have to make up the 500 score that mudhut uses?
    There is no other reason it would come out high risk
    • Comms69
    • By Comms69 13th Feb 18, 1:58 PM
    • 2,970 Posts
    • 2,936 Thanks
    Comms69
    I got an email back from mudhut saying the score is made up of any ccjs etc but also past credit history and is provided by equifax.

    As I don't have any ccjs or iva etc the only possible way to explain the low score is that equifax used my actual credit score and loans I have to make up the 500 score that mudhut uses?
    There is no other reason it would come out high risk
    Originally posted by B9323


    As Pixie explained (except the bit about having their own database) - THEY DO NOT HAVE ACCESS TO THAT DATA.
    • B9323
    • By B9323 13th Feb 18, 2:19 PM
    • 9 Posts
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    B9323
    OK will just go for it then and see what happens just looked at my clearscore one on the positives it says
    No court or insolvency data
    No accounts in default or repossession
    On electoral roll for long time
    Held one of my accounts for several years
    Very few/no accounts in arrears
    Your current telecoms balance is very low.
    So from that. It all seems OK to go ahead without worrying.
    I take it on the forms I just put no adverse history even though the credit score is low.
    And the negative bit on my report is relatively high percent of credit used on cards etc.
    But this is going down I owed 10k 3 months ago now down to 8. So score should reflect eventually.
    • B9323
    • By B9323 13th Feb 18, 2:20 PM
    • 9 Posts
    • 0 Thanks
    B9323
    What private information could they hold them self's then? Can only be from prior rents and landlords etc?
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