Digital technology company Teclet and Canopy have launched a partnership.
Users of Teclet, which is a platform that automates lettings, renewal and property management tasks, can now use Canopy’s system, which pre-screens tenants by verifying their Experian credit profile and financial history.
John Evans, commercial director at Teclet, said: “Letting agents need to build long-term relationships with tenants as well as landlords and will benefit from being able to offer Canopy’s rent tracking solution which allows tenants to improve their Experian credit score by simply tracking rent from the security of their mobile devices. Rent tracking will also help letting agents and landlords reduce the risk of rental arrears.
“Credit scores matter – a good one can provide tenants with substantial savings on things like loans, credit cards, insurance and ultimately better rates on mortgages, when a tenant might be ready to step on the property ladder.”