Understanding CREDIT SCORES – A LANDLORDS GUIDE

Understanding credit scores and how they work is important for landlords when they are applying for credit themselves or when they are assessing tenant applications. Understanding Landlords and Credit Scores – and How to Improve Yours First, let’s look at landlords applying for credit for themselves and how they can make their credit score better. First off, do not make […]

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Don’t take a mortgage holiday

Don’t take a “mortgage holiday” if you can help it, says David Lawrenson of LettingFocus.com. When the virus panic started, around 2 million people, including landlords whose tenants were struggling, turned to their mortgage company to give them a 3 month holiday. They were given the clear impression that by doing this, there would be no impact on their credit […]

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Re-Engineering the Tenant Referencing and Sign Up Process

Ever wondered why letting agents take so long to complete reference and other checks on tenant applicants? Well, one of the reasons is that they will outsource the job of referencing to a third party who then spend ages waiting for a response. A standard letting agency will first typically ask a potential tenant to complete an application form, setting […]

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