Advanced Tenant Referencing

A comprehensive service to reduce the risks associated with renting your property.

The Importance of Tenant Referencing

Finding reliable tenants is crucial for safeguarding your substantial property investments. The first step in protecting this investment involves identifying suitable tenants who possess the ability to pay rent punctually and demonstrate a sense of responsibility towards your properties. Evaluating individuals who meet these qualifications can be an arduous and time-intensive process.

Establishing a trustworthy partnership with a referencing provider serves as the first line of defence for landlords, guaranteeing the protection of their investments.

Our Tenant Referencing reports include:

6-year credit history check

Highlighting any adverse credit, linked addresses, Alias Names

Affordability analysis

In order to ensure that both the tenant and guarantor have the financial capacity to comfortably afford the rent, we meticulously cross-check income references with their accompanying supporting documents.

Employment and income verification

Verification of income references is conducted to confirm the applicant's ability to afford the rental payment.

Right to rent confirmation

We will confirm the tenant has a right to rent in the UK as standard for no additional fee.

Previous landlord reference and verification

References obtained from the applicants most recent landlord or letting agent to confirm the rent has been paid on time.

Document collection and assessment

Documents are requested from all applicants to help us verify income, check affordability and detect fraudulent applications .

What is Tenant Referencing?

Tenant referencing is the process of conducting pre-tenancy checks on your potential tenants and their guarantors before granting a tenancy agreement. The process will provide a snapshot of an applicant’s current financial circumstances which will help you decide if you wish to proceed with a tenancy.

Most tenants will not cause any problems during their tenancy. However, some will. From consistently paying the rent late to damaging your property or causing issues with neighbours. All of this can make life for you very difficult and could end up costing you money through eviction fees & legal costs.

Dedicated team

After your reference is set up, our team will fully manage the process up until completion offering advice and guidance on a prospective applicant before completion. Just simply set the reference up on our portal and we handle the rest.

Cloud based referencing portal

Our cloud-based portal has several automatic processes including API access to Credit Reference agencies and Open Banking to help speed up the referencing process.

Comprehensive recommendations report helping you decide

After completion of a reference, you are provided with a full recommendation report giving you all information our team have verified during the process allowing you to make an informed decision when deciding on a tenancy.

Guarantee the tenancy performance through insurance

Successful applicants automatically qualify for our suite of insurance products, reducing the impact of any issues that might occur during the tenancy

Simplify the moving process with Advanced Rent

Advanced Rent presents a comprehensive selection of supplementary services that you can extend to both your tenants and landlords. These services are seamlessly integrated into the referencing process, offering you convenience, saving you valuable time, and providing an opportunity to earn income per reference.

By seamlessly integrating these services into the referencing journey, Advanced Rent simplifies the process for you and eliminates the need for additional administrative tasks. Furthermore, for every successful reference that utilizes these services, you have the opportunity to earn income, making it a mutually beneficial arrangement for all parties involved.