Tip 3
Secure a Quality Tenant
A quality tenant will respect the property, pay the rent timeously and behave appropriately. Unfortunately some tenants have learnt to deceive landlords into believing they are a quality tenant by their smooth talking, fancy clothes or flashy car. A smarter solution is to use TPN’s tenant and credit profile system.
Every letting agent or landlord will have their own tenant acquisition policy, my own policy:
- See an original copy of the ID document and make a copy
- The tenant must sign an application form and complete in form in full including their affordability (income and expenses)
- Collect supporting documentation (Copy of ID / Passport, Salary Slip, if the tenant has a saving account, 3 months bank statements. If the tenant has a current account I perform a bank code
- Credit Reports: ID verification, TPN enquiry, TransUnion, Experian enquiry & a bank code.
- All of the above for each adult occupant
Every adult occupant is required to sign the lease agreement jointly and severally.
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