We use Experian and Open Banking to help renters build their portable rental history.
Experian based checks (Processing time: 1min-5min)
- Identity
- 3 Years Address history
- Soft credit check
- Adverse Financial History (CCJs, IVA and Bankruptcy)
- KYC (Know-Your-Customer)
- AML (Anti-Money Laundering)
Open Banking (Processing time: 5mins, subject to successfully connecting with tenants bank)
- Income Verification
- Rental Affordability (How much a Renter can spend on rent based on annual gross income)
- Rental Payments Verification, if previously renting in the U.K
Manual Income verification (Processing time: max 48hrs)
- Tenants provide proof of income (3 months payslips, bank statements, employment contract)
- Self-employed (tax returns, bank statements)
For more information please see What is Open Banking? and RentPassport™: Credit Check
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