Credit checking agency Experian has launched a tenant checking service so the credentials of prospec...
Credit checking agency Experian has launched a tenant checking service so the credentials of prospective tenants can be viewed.
The service provides both a landlord’s and an employer’s reference and is designed to reduce the number of ‘bad tenants’ in the private rented sector.
Research from Experian shows that companies which do not operate pre-letting checks have over four times the number of defaulting tenants than those that do.
Bruno Rost, spokesperson at Experian, said: ‘Our research shows bad tenants are a growing problem for the rented property sector.’
