10:49 AM, 29th April 2016, About 7 years ago 6
Can anyone recommend a good referencing agency for tenants who have recently lived overseas? I am only aware of one, TenantVerify, and am unable to find any reviews, positive or negative.
The tenants I have in mind come from Romania, and all I can find about tenant referencing within Romania is from this EU document http://www.tenlaw.uni-bremen.de/Brochures/RomaniaBrochure_09052014.pdf which I believe dates from 2012. The document states, “Private credit reference agencies keeping records on individuals are not present in Romania. The Credit Bureau is only accessible by banks and other financial institutions ” so in other words, it’s only possible to run a basic credit check, no employer, character or previous landlord checks in Romania, at least according to that.
I would like to state, for the record, that I have absolutely no problem with renting to tenants from abroad, and have a current long term tenant from Poland who is great, and until recently had an equally brilliant tenant from the Czech Republic. What I DO have a problem with is not being able to rigorously reference a tenant, for whatever reason.
I can’t help thinking about the recent case of Landlord Stung (in which Landlord Action got involved http://www.property118.com/using-the-rent-to-keep-up-with-the-joness/82893/), who let to a couple of British teachers who had recently immigrated back to the UK after living several years in Abu Dhabi, then found the insurers would not pay out against his rent guarantee policy because the tenants had been living in a country where they couldn’t be thoroughly referenced…
Thanks for any advice you can offer.