New analysis released in October 2022 revealed the number of tenancy applications that were declined by letting agents is on the rise. Vouch found that between January and April this year, voided tenancy applications averaged 509 every month. That figure had reached 1,959 by August.
Some tenancy applications that don’t proceed are a result of failed tenant reference checks. Knowing what may trip you up before you apply for a rental property will reduce the risk of you being turned down. Here are 12 red flags that the verification process will spot. If any of these apply to you, it doesn’t mean you won’t be able to rent a property. Instead, contact us for specific advice and solutions.
Our lettings team is here to help renters pass tenant reference checks. We can explain how guarantors and paying a set amount of rent upfront may help your application.
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