For anyone seeking to let out their property it is absolutely essential to carry out appropriate tenant referencing with a reputable company such as Credit Check Services. It is surprising how many landlords will often let a property to a tenant without even checking their ID, never mind other factors about the tenant background.
Here is a simple 5 point check list for any private landlord seeking to let a property:
1 Check the tenant ID. This should include a physical appearance check of the tenant against either a passport of driving licence photo.
2 Check proof of current or previous residence. Almost anyone should be able to provide an original copy of a document showing their name and address from a recognised organisation or company. Examples would be council tax bill, mobile phone bill, etc.
3 Proof of income. This could be either copies of pay slips, benefit statements, etc. As a precaution ask the tenant to show a copy of their bank statement also so you can see money paid into their account.
4 Financial background check, to identify any issues such as a tenant with CCJs unpaid, bankruptcy, Debt Management Orders, etc. Make sure you use a reputable company that includes linked address searches and avoid those who offer instant reports, otherwise you may think a tenant has a background clear of CCJ or bankruptcy issues when this is not the case.
5 References from the previous landlord or letting agent about the tenant performance in keeping to their contract.
There is no absolute guarantee for tenant referencing to deliver the ideal tenant however failure to conduct adequate tenant checks will place your property and/or your finances at risk from an errant tenant.
If you would like to know more about tenant referencing visit Credit Check Services, one of the UK leading companies for background screening of individuals.