If you want to buy something on credit, then it helps considerably if you have a good credit history (a track record of paying off credit agreements). Companies use credit history to assess your creditworthiness before making a lending decision. Having a good credit history also helps to provide proof of your identity, and where you live and have lived before. This can help you access a range of goods and services online, including getting the best deals on mobile phones, TV and broadband packages and car insurance.
Homeowners with a mortgage have an advantage as their mortgage payment history can count towards their credit history and we believe that your rent payment history should be used in the same way.
Karl Tatler Lettings has teamed up with Experian to take part in The Rental Exchange. The Rental Exchange is a way to strengthen your credit report without you needing to take on new credit. The scheme enables us to share details about the rent you pay with Experian on a monthly basis. This is then included in your credit report, meaning you will then be recognised for paying your rent on time.
From Friday 12th August 2016 we will be sharing the tenancy information of our managed tenants with Experian.Karl Tatler Lettings branch