landlord insurance brokers

Saturday 4 April 2009

Rentshield Direct improves tenant checking service for landlords

Rentshield Direct, the tenant checking company, has signed a five-year deal with NorthgateArinso PeopleChecking. The new service will provide an instant financial assessment of potential tenants and will flag any county court judgements (CCJs) to landlords before contracts are signed.

According to Tim Rooney, commercial director at NorthgateArinso PeopleChecking, there has been a substantial rise in CCJs over recent months as tenants struggle to meet rent deadlines.

“Just because a tenant has a CCJ doesn’t mean they should automatically be discounted,” said Rooney. “However, it’s important that landlords are aware of any potential problems and past financial history – no one can afford to lose out in the current housing market.”

The new service will halve the time the Rentshield Direct team spends checking tenant history and producing reports. PeopleChecking will be combined with online insurance services to help landlords find the most suitable tenants.

“All our team are based in the UK, rather than off-shore, and they need to spend their time as efficiently as possible,” said Gary Abrahams at Rentshield Direct. “Automating these processes will help us work much more efficiently, enabling the team to spend their time doing what they do best – helping landlords, agents and tenants get the best possible deal in a difficult market.”

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