Get Benefited From Tenant Referencing

The tenant's details will be checked with a credit reference agency for financial strength, with their employer for confirmation of their employment status and with their current landlord/managing agent to ensure they have paid their rent regularly and looked after the property. A financial status report of the tenant will be emailed to you immediately, with a more detailed report (including employment and landlord references) following within days. A letting agent can carry out such reference assessment directly by writing to your employer and previous Landlord or more often these days outsource it to a specialist referencing company. They will collect all the quintessential details on your behalf. The agency will do the rest. They will help you find out if the tenant is good or bad? Whether you are going to risk by letting out the property to him, does he have a good history of paying the rent on time and has caused no damage to the earlier landlord's property.