Save time and costs with end-to-end Tenant Screening checks
With the digitization of the tenancy screening process, landlords may now utilize a variety of tools to find their potential tenants.
What is Tenant Screening?
Tenant screening is the procedure of assessing potential renters to determine their chances of adhering to the lease conditions, maintaining the property, and being a responsible tenant overall. It entails not just evaluating the applicant's information, but also other publicly accessible information about them, and validating as much of the data as possible.
Landlords can obtain a good idea of the type of tenant the applicant is likely to be through a thorough screening procedure, and then determine whether to accept them, reject their tenancy, or approve them with conditions. While there is no way to tell with complete surety that how an individual will turn out, a comprehensive and detailed screening procedure may assist you to identify those applicants who have a greater possibility of being bad tenants for their rental unit.
What is the right to rent?
A landlord must ensure that the tenant is lawfully present in England and has the right to rent a residential property before a tenancy can be agreed upon or started. It is a legal duty for all landlords to check the immigration status of a potential renter. Only tenancy agreements are subject to a right-to-rent check.
What type of Background Checks are included in a Tenancy Screening report?
The goal of a background check is to obtain a comprehensive report on the possible tenant's background. This may aid in the elimination of potentially troublesome possibilities.
The following data should be included in a background check:
Report on Criminal Activity
Landlords would need to run a background check to see if the potential tenant has ever been convicted of a major crime. An applicant's criminal history should not be used as a cause to reject them. Many individuals are arrested and accused of crimes they did not execute, which is a well-known reality. When assessing whether or not a candidate with a criminal record is suitable, the nature and severity of the offence are some of the criteria to examine.
Minor offences, being imprisoned or accused but not guilty, and instances from the past should not disqualify an application from being considered for a rental agreement.
Report on Rental and Eviction History
Evicting a tenant is a time-consuming and expensive procedure, and no landlord wants to go through it. There's also the inconvenience of locating a new renter, as well as the potential for a gap and revenue loss between tenants. Therefore, an application should include a report on the applicant's rental background.
Landlords would surely like to know if the applicant has ever been forced to move from a property or if a prior landlord has lodged any serious complaints against them. First-time tenants, of course, would not have a rental history, therefore this will not apply to them. This check is a requirement for those who are not first-timers and any landlord who doesn't do it would be irresponsible.
Previous Employment Report
A landlord must also check an applicant's work status or monthly revenue from a company to guarantee that they would be able to pay the rent. You can request copies of their pay stubs, bank statements, or the contact information for their company. The employer might also provide you with information about a candidate's overall personality.
By using Complygate, landlords could save a lot of money, time, and effort by using the digital process of detailed tenant screening and credit checks instead of the traditional, manual approach.
Landlords could anytime book a 1-to-1 demo with a member of our team for more in-depth information about the working of the tenancy vetting checks.