Landlords and letting agents network landlordreferencing.co.uk has chosen Equifax to enhance its tenant vetting services as part of a three-year agreement. The integration of Equifax consumer credit data into the network’s checks gives members of landlordreferencing.co.uk a real-time vetting solution, which it claims reduces the risk of fraud without affecting the decision-making process.
According to Equifax, as a result of real-time validation of the identity of potential tenants, tenants can receive instant decisions and landlords can secure approved tenancies more quickly.
Paul Routledge, chief executive of landlordreferencing.co.uk, said: “Landlords and letting agents using our service need to be confident that our checks will protect them from problem tenants, as well as tenants who may default on their rent or actually be fraudsters. By providing insight from Equifax, we continue to build on the reputation of landlordreferencing.co.uk as the brand that protects landlords by finding the best quality tenants.”
Nishil Khimasia, marketing and performance director at Equifax, said: “We understand the challenges landlords face and this new agreement means the clients of landlordreferencing.co.uk will benefit from rigorous, yet efficient checks, designed to help prevent potential fraud and speed up the rental process.”