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  • PROFESSIONAL, PERSONALISED, EFFICIENT
    PROFESSIONAL, PERSONALISED, EFFICIENT

Fully Managed Tenant Referencing

Using the latest technology, and an in-depth knowledge of the competitive lettings market Veri-Check has really tried to think of everything to help you achieve the highest levels of speed, accuracy and efficiency.

Think of the role referencing plays in your business. Does it help make your work life easier? Or does it cause more of a headache than you’d like? Our fully managed service remotely manages your entire referencing process. Our experienced team are used to assessing the myriad of tenant and guarantor personal circumstance presented. 

That way, your letting agents can focus on the more important tasks that help your business succeed.

With managed services, you don’t have to worry about recruiting and training the right people. Instead, you’re able to invest your resources elsewhere – like on things that’ll help make your business more profitable!

Our managed services are provided at a controlled per reference cost 

You tell us how you want your applicants to be assessed, according to your business objectives and best practice guidelines.

We perform the checks, chase the references and provide the report,

Control

  • Set your criteria branch by branch
  • Allocate acceptable rent ratio for tenants, and for guarantors
  • Agree acceptable income sources
  • Set your policy on guarantor status
  • Allocate decision-makers within your branch or organisation
  • Set the reminder and chasing regime (for emails and SMS text messaging)

Data Security

We work with you to assess who within your team can access data, and make system decisions based on the information we gather on your behalf.  Each user has their own unique permission level so you retain control within the branch, and check audit trails.

Instant & Comprehensive Reports

We offer two levels of report type, choose between Instant and Comprehensive

 

Instant

Get some of the features

Comprehensive

Get all the features shown in the table below

Credit Risk Score
Public Data Check
Electoral Roll Status
Affordability Calculation
Undeclared Alias
Undeclared Addresses
Written Landlord References  
Written Employment Reference  
Automatic Reference Requests  
Automated Reference Reminders  
 

Reference Prices From

£9.95 + vat

Reference Prices From

£19.95 + vat

Instant

Get some of the features

Get Started

Comprehensive

Get all the features shown in the table below

Book a Demo

Credit Risk Score
Instant
Comprehensive
Public Data Check
Instant
Comprehensive
Electoral Roll Status
Instant
Comprehensive
Affordability Calculation
Instant
Comprehensive
Undeclared Alias
Instant
Comprehensive
Undeclared Addresses
Instant
Comprehensive
Written Landlord References
Instant  
Comprehensive
Written Employment Reference
Instant  
Comprehensive
Automatic Reference Requests
Instant  
Comprehensive
Automated Reference Reminders
Instant  
Comprehensive
Instant

Reference Prices From

£9.95 + vat

Get Started

Comprehensive

Reference Prices From

£19.95 + vat

Book a Demo

FAQ

Why should I credit check tenants?

It is important that a tenancy agreement is backed up and protected by a full credit and history reference. Many landlords will be aware of the risks of letting to tenants who have not been credit-checked, and they will expect it as part of the letting process.

Accurate and efficient referencing reduces much of the risk that goes along with renting a property. It is a way of ensuring that the tenant is in a financial position to adhere to the terms of the contract, has not previously defaulted on rental payments, and has a reliable financial history.

How do credit agencies score tenants?

When anyone applies for a credit card, current account, personal loan, hire purchase (HP) agreement or mortgage, or any other form of credit, the lender will usually credit score the application. This helps the lender decide whether to accept your application and, where relevant, helps set your credit limit and interest rate.

Credit scores are calculated by using scoring models and mathematical tables that assign points for different pieces of information which best predict future credit performance. The system was pioneered in the 1950s by Fair Isaac & Co, and is generally known as a FICO score. Developing these models involves studying how thousands, even millions, of people have used credit. Score-model developers find predictive factors in the data that have proven to indicate future credit performance. Models can be developed from different sources of data. Credit-bureau models are developed from information in consumer credit-bureau reports.

Credit scores analyze a borrower's credit history considering numerous factors such as:

  • Late payments
  • The amount of time credit has been established
  • The amount of credit used versus the amount of credit available
  • Length of time at present residence
  • Negative credit information such as bankruptcies, charge-offs, collections, etc

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