Secure the best tenants with professional referencing. Enjoy greater peace of mind.
Verify incoming tenants in as little as two hours with fast referencing
Ensure you have the best tenant for your property with extensive checks
Get reports on affordability ratings, preliminary Right to Rent, credit history, and more
List your property with Mashroom for free and gain exposure to millions of renters across portals like Rightmove and Zoopla. Let us take care of the particulars too, such as AST agreements and rent collection.
Once you’ve accepted an offer on your property, we will process the holding deposit and you will be able to choose to reference your tenant. We will notify the tenant ourselves so all that’s left for you to do is sit back and wait for the results to come in.
Once the tenant has completed all the necessary details, we will run the referencing and credit checks. Expect results between 2 hours and 5 days, at which point you can make a decision about letting your property to the tenant.
Reference your tenant and receive a thorough check that will tell you their suitability for just £15List your property
Tenant referencing involves carrying out background checks on your incoming tenant to see if they are qualified to live in your home. A tenant reference typically includes a credit check, bank and employment details, and previous renting history.
Credit checks usually form part of tenant referencing and include information about a potential tenant’s creditworthiness. The company performing the credit check will look at aspects like their current level of debt (if any), if payments are made on time and address history to provide a credit score. The higher the score, the more creditworthy the tenant.
Legally, you don’t need to reference your tenants, but choosing not to carry out referencing can have serious implications. Without a reference, you won’t know the renter’s suitability to live in your home. You also won’t be able to get rent guarantee insurance, which requires successful tenant referencing as part of its cover conditions.
Tenants need to go through several checks that look into their background. Once you have requested a tenant reference, a tenant-referencing agency will conduct the checks and provide a report on the renter’s suitability.
As part of the Tenant Fees Act, tenants can’t be charged for referencing. That means the landlord covers the costs for the tenant referencing each tenant moving into their property. The cost of referencing varies depending on the agency that you use.
Referencing your tenant provides added security and lets you know that the incoming renter is a suitable fit for your property. Without a tenant reference check, you have no idea about the type of person moving into your home.
The final decision over whether or not to let an incoming tenant lie with the landlord. If the renter doesn’t pass tenant referencing, you can ask them to provide a guarantor for added security. A guarantor will guarantee the rent in the event that the tenant is unable to pay.
Tenant referencing typical takes between two hours and five days, depending on the company you use to reference the tenant.