Industry news for Letting Agents

How will the Renters' Rights Bill affect landlords’ expectations of letting agents, and how can agents stay ahead of the competition?

While typical tenant referencing processes assess salary, adverse credit history, employment history and references to determine affordability, this does not actually provide the full picture.

Boosting your income as a letting agent isn’t about driving up rents and management charges. Instead, you can offer plenty of income-boosting additions that increase revenue for you and, more importantly, are already in-demand services for your landlords and tenants.

HomeLet, the UK's largest tenant referencing and specialist lettings insurance company, proudly announces the launch of VISTA, a ground-breaking tenant referencing service designed to provide true, accurate affordability assessment of applicants, and mitigate fraud risk.

While technology makes it easier for fraudulent tenants to forge documents it can also help to catch them

We’re excited to announce that we will soon be launching ‘VISTA’ – an innovative, fast, and accurate tenant referencing service that eliminates fraud by using leading fraud detection technology and providing a true affordability assessment of applicants.

Tenancy fraud is on the rise. We are currently identifying 150 cases of fraud every day, up from 110 a day in 2021 – representing a 36% increase in just over a year.

Understanding the needs of your tenants has always differed by generation. However, with Generation Z being the next wave of tenants to emerge, it’s more essential than ever to understand their very unique and particular needs if you want to maximise the opportunities they present.

HomeLet outlines the risks of tenancy fraud for agents and looks at how to manage the risks to protect the agency’s reputation and finances