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News release Tenant checks are not an optional extra 12 April 2010 Landlords must always make background checks on potential tenants, according to the National Landlords Association (NLA), the leading representative body for private-residential landlords in the UK. Too many landlords are failing to make simple checks on tenants before handing over the keys to their rental properties. This significantly increases the risk attached to every tenancy where the landlord has no idea about a tenant’s past financial history. A tenant check will investigate County Court judgments, bankruptcy and insolvency searches, linked addresses and name aliases as well as references from employers and previous landlords. This information provides a clear indication of whether a future tenant will be able to meet their rental payments. If landlords do not feel able to make simple checks themselves, NLA Tenant Check is available as a comprehensive service to all landlords. For as little as £8, every landlord can reduce the risk of letting residential property. David Salusbury, Chairman, NLA, said: “Tenant checks should not be an optional extra for any landlord. If a potential tenant has a track record of not paying their rent or states they are employed when in fact they got sacked, the landlord should know. No landlord can afford to make the costly mistake of not checking on a tenant’s ability to pay the rent.” This week NLA Tenant Check is celebrating its 10,000th tenant check. Caroline Read, from Slough in Berkshire, is the lucky landlord who will receive three years’ free membership of the NLA and a further five free full tenant checks. The NLA Tenant Check website is: www.landlords.org.uk/services/nlatenantcheck.htm -ENDS-
For more information and to talk to landlord, Caroline Read, please contact: Steven Hilton NOTES TO EDITORS Representing landlords from all over the UK, the National Landlords Association (NLA) is the leading organisation for private-residential landlords. It campaigns for the legitimate interests of landlords by seeking to influence decision-makers at all levels of government and by making landlords’ collective voice heard in the media. The NLA helps landlords make a success of their lettings business by providing a wide range of information, advice and services. It seeks to raise standards in the private-rented sector while aiming to ensure that landlords are aware of their statutory rights and responsibilities. |
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