14:51 PM, 19th August 2011, About 12 years ago 3
Mark Alexander, Property118 founder and landlord since 1989 is updating his lettings strategy to utilise two free tenant referencing services to protect his properties from bad tenants. While tenants on the whole will rent without any problems and leave the property in the state they signed for, sadly there are always going to be a minority that don’t.
To combat this, there are two companies who can help prevent private landlords from renting to bad tenants in the first place. Their names? TenantID and Landlord Referencing Service. If you already use them, please leave them a testimonial by clicking on their names.
Mark will be changing his tenancy agreements and his tenant application forms to include conditions to give him the right to register tenants details with both tenant referencing companies and to use the services of both referencing companies to check to see whether his prospective tenants have been reported by any other landlords.
Mark said “My lettings strategy and the buoyant rental market mean that I can pick and choose between potential tenants. Using these two free services adds that extra bit of ‘due diligence’ to my processes and whilst it will take a bit of extra effort on my part, if it avoids me taking on just one bad tenant it will all be worthwhile. I’m using both services to be doubly sure, why wouldn’t I, they are both free!”
Lorna Rose, co-founder of TenantID said “We quickly realised that there was a gap in the market when it comes to checking a tenant and their history and we acted upon this. We believe that it is vital to know as much as possible about a tenant so that each tenancy can progress with ease and confidence. I think we all know that it would be better to know if a tenant trashed a property and left, owing money than if they had a secure job, good references and a large sum in the bank. They could be on the UK’s rich list, but it doesn’t stop them from trashing a property.
We offer a service that is much needed within the industry. We offer a service that will add value to your company and business and give you confidence when taking on a new tenant. We are working together with landlords and agencies from all over the UK & Ireland and we are growing daily.
At TenantID, we believe that vetting your next potential tenant has never been made easier and without a doubt, we believe that checking a tenant’s rental history should be the first thing you do before you progress further.”
Paul Routledge, founder of Landlord Referencing Services said “Having recovered from being stabbed in the head and left for dead after I walked in on a drug deal in one of my rental properties I knew it was time for action. LRS is used help landlords avoid cheating tenants who deceive landlords. My experience was extreme but there are far too many instances where the Police simply choose not to get involved. The tenants who cause financial and emotional havoc to landlords are a minority but those who use the law to live rent free or get away with causing damage are con artists, shysters and charlatans in my opinion. Landlords, their agents AND their good tenants had become totally defenceless against what would be considered a crime in any other business. So, I tried to initiate Landlord Referencing Services in the year 2002 but it was just not viable as the internet was nowhere near as advanced & speedy as it is today. I tried again in the summer of 2010 and now we call this a Lifestyle Reference, and best of all we offer this, along with Tenant Alerts, for free. I’d also like to stress that I have had some great tenants over the years & that good, law-abiding tenants are also looked after within our community. It is all about making sure our good tenants are safe because, believe me, there is no money or security for a landlord who keeps losing good tenants just because a bad one moves in or lives next door.” To read Testimonials for Landlord Referencing services or to get in touch please click here