? He should be some one who pays his rent on time and also takes care of the landlords property well. He should not cause any damage to contents which are left for use by the landlord. How can he assure of this rental payment? Simple, he can find a potential person for his rental space by seeking reference agencys help.
These are professionals who can guide you in your endeavor! You dont have to run from pillar to post looking out for a potential candidate for your house. A professional agent is well equipped with what to look out for, in a candidate. He will make sure that the candidate has paid his previous landlords rent on time and has maintained it in good condition while vacating his place. Thirdly, he will also check with his previous landlord on his behaviour, his employment status and salary details etc. His credit scores are accumulated from the credit agencies who will provide details about his bankruptcy filings, CCJ, arrears if any.
In a nutshell these reference agencies are accredited and help you in the following ways:
- Identity of the candidate is cross verified
- Anti-fraud checks are carried out
- Bankruptcy filings are cross verified
- County Court Judgements (CCJ)
- Credit report is cross checked
- Personal address is cross verified
- Tax deductible for income tax purposes
- Your financial stability is determined with the help of predictive risk scoring.
These agencies will also help you place an ad in the most popular sites. These sites are the ones with maximum visibility. Thus your ad will be viewed by a majority of them. A basic reference check can be carried out instantly and involves lesser time. Have a tenancy agreement in place in order to ensure that your property is in tact. Any damages caused to the property would be claimed from the one who is using it. He would be evicted in case any breach of the renters agreement takes place. This should be clearly mentioned out in the agreement. Thus, you can save your property this way!
Rightful selection of tenant can be done single with tenant assessment. You are companion less with two choices here, you can either transact it out your self or seek for tenant assessors' support. One must remember that the landlord gets money from this rental business while the tenant gets a home. Both have some rights and some duties to execute.