Callcredit Information Group

Callcredit Information Group

November 23, 2011 01:00 ET

Landlords Can Depend on Callcredit and TenantID to Verify Rising Numbers of Prospective Renters

LEEDS, UNITED KINGDOM--(Marketwire - Nov. 23, 2011) - The recently established partnership between Callcredit Information Group and TenantID is perfect for landlords looking to rent strictly to reliable tenants. With mortgage approval criteria tightening up, more people are looking to rent – despite rising monthly rates.

By Callcredit and TenantID coming together, landlords can now access significant fields of tenant held data in order to screen prospective renters in depth. Such tenant screening is becoming increasingly necessary after LSL Property Services confirmed 10.1% of rent was paid late or not at all in October.

Rental fees have risen consecutively for the past nine months across England and Wales, according to a report by the BBC. Rates have inflated as landlords struggle to acquire more buy-to-let mortgages, therefore are charging extra to compensate for profit loss.

Equally, first-time buyers are struggling to get on the property ladder as mortgage approvals become stricter. Biting the bullet and paying expensive rent charges is the only option for some. As a result, high demand for the limited letting properties which are available means TenantID is set to become a valuable tool for landlords who want to guarantee to collect their rent in full.

Callcredit have introduced TenantID as a network for landlords, letting agents and local authorities to use together, in order to protect each other. Each member can upload information about a tenant and highlight any areas for concern i.e. unpaid/late rent, property damage or if they have disappeared while in debt to the landlord.

Lorna Stevens, Director of TenantID, said:

'TenantID has been designed to give landlords instant access to detailed histories on potential renters. With business so tight now and rates so high – anybody letting a property needs to guarantee their income is secured and with our tenant screening services, they can now make more accurate and informed decisions in real-time.'

Over the next year, Callcredit will action their plans to improve TenantID and members will soon be able to analyse not only a tenant's renting history but also their credit value and affordability. The network currently holds millions of tenant profiles, available to thousands of members. Once the product evolves to provide a 360° view on each renter, TenantID is likely to become the most effective tool for landlords to evaluate people, prior to signing tenancy agreements.

To find out more about how sophisticated TenantID actually is and how it can help your letting process visit

About Callcredit Information Group -

Callcredit Information Group's leading approach to deploying consumer information brings together experts across the fields of credit referencing, marketing services, interactive solutions and consultative analytics to provide clients with a range of innovative and effective products to discover new customers and to engage with current customers to optimise and increase profitability.

Products include award-winning fraud verification tools and database solutions to positively verify consumers, global operations to help expand businesses into new markets, digital solutions to improve the overall journey consumers make during interaction with a brand, customer handling to ensure consumer satisfaction at all levels and consumer marketing data and segmentation to improve understanding and targeting of customers and prospects.

Callcredit also offers products for their clients to assess a customer's credit risk and affordability and their experts in collections and recoveries provide tailored debt recovery and tracing tools. Their market analysis and network planning function helps organisations develop profitable retail networks, and their tools in multi bureau, analytics and metrics work to provide fully assessed bureau data.

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