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Let Alliance are revolutionising the way tenant referencing is transacted in the UK.
For the first time ever in the lettings industry, tenants will be assessed based on genuine affordability and their full credit history in real time, supported by secure access to bank accounts for specific transactions related to income and household expenditure, such as rental payments and utilities. With Same Day Referencing from Let Alliance.
Until now, tenant referencing companies have relied on publicly available credit information, for example CCJ’s. We have relied on tenants supplying previous address history or linking addresses and on manual processes for viewing bank statements, talking to employers, collecting previous tenancy agreements and talking to previous landlords. Let Alliance, through our partnership with TransUnion and the introduction of Open Banking have changed this. Find out more about Open Banking for tenants.
TransUnion (formerly Callcredit) are a consumer credit reporting agency, with a difference. They believe in using ‘Information for GoodSM‘ by going beyond credit data to offer the insights that businesses and consumers need to make informed decisions and achieve great things. Using the latest and most advanced user technologies, Let Alliance in partnership with TransUnion have developed Same Day Referencing to change the game as we know it.
Same Day Referencing is transforming the referencing process for letting agents and tenants across the UK, with references being completed faster than ever before meaning tenants move in much quicker. To find out more about Same Day Referencing, contact our Customer Development Team by emailing firstname.lastname@example.org or call 01244 564 986.