Before signing the guarantee agreement, the guarantor should be leased so that he can read and fully know the responsibilities of the tenant (and therefore his responsibilities). Owners and employers who may have requested the credit check can only see publicly available data, such as your name and address, voter registration, CCJs and insolvency documents. Until recently, lenders did not have the ability to see your rent payment history, whether they were made on time or missed consistently, unlike application requests made when you apply for credits, the type of research used by landlords only displays information that is publicly available. Under the Rental Fees Act, which came into force in England in 2019, reference charges are now illegal. Your previous owner does not have to give you a good reference or reference. However, you cannot list the false facts regarding your rental agreement or you may be charged with defamation. If you are about to become a guarantor, you must ensure that you have read the rental agreement and all other relevant documents and information. Being a guarantor is a serious responsibility and you can be held responsible for thousands of pounds on behalf of the tenant, so you are in the loop. If you don`t pass a credit check, explain why you think it may have happened. If you know you can pay the rent, let your landlord or landlord know.
They can always rent you if you offer to pay a larger down payment, more rent in advance or if you can get a guarantor. To carry out a tenant`s credit check, you must follow the guidelines of the Fair Credit Reporting Act and you must first obtain written permission from a potential client. The tenant must sign and date a document indicating that they accept the credit check. In essence, a landlord can confirm the name and address of a tenant as well as the history of bankruptcy or CCJs. You cannot access information about credit contracts, credit limits or repayments. Tenants are not legally obligated to accept a credit check, but without one, a landlord may not feel safe to rent to that person. If you keep all the documents relating to your last lease (and you should, at least for a few years back), you can show them to your landlord and prove your point of view. For example, show them a 12-month lease and accompany them with 12 rent vouchers as sufficient proof that you are well able to pay the rent on time and in an organized manner. This is really what most homeowners care about, so it should serve your purposes. Depending on the company you`re in, different information can be stored about you. If you use z.B Experian`s service, you will find the following information about yourself Use your passport in conjunction with your credit check to give the landlord more details about who you are and why you would make a good tenant.