For several years, many industry thinkers have been championing the idea of a national tenant database where the history of a tenant’s ability to pay, damage to property on vacating etc is recorded so that other landlords and agents can access the detail in order to make a more informed decision as to whether to accept a potential tenant.
A couple form Hertfordshire have finally managed to establish what they feel is what the lettings industry has been waiting for.
TenantID is a free to register portal that will allow anyone interested in finding a history of a person’s tenancy obligations can go and commission a report that will list any previous tenancies that it holds as data. Obviously this sytem is reliant on the data provided to the system on an ongoing basis, and some crtics have raised concerns over whether the information gathering is ethical or legal. TenantID assure us that there is no infringement of data protection, provided you follow their guidelines.
