Referencing Rules – Insure Street Agent or Landlord

Renter RentPassport

Affordability Calculation = 40% of average monthly income
Screening Result
Instant RentPassport
Credit History	❖ Experian Credit rating is ≥ Poor.	❖ Not Lived in the UK. ❖ Experian credit profile not found. ❖ Experian Credit rating is Very Poor.
Adverse Credit Data	❖ No adverse data.	❖ 1x satisfied CCJ with a value up to £300.	❖ 2 or more satisfied CCJ’s of any amount. ❖ Any satisfied CCJ’s over £300. ❖ Any active CCJ’s. ❖ Any Declared bankruptcy or IVA.
Income	❖ Income verified via Open Banking Data or manual verification.	❖ No income: ◇ Unemployed ◇ Student (no income). ❖ Self-employed with 3-6 months accounts. ❖ Employed on a zero hours contract.
Rental History	❖ Rental Payments are verified via Open Banking Data or self-certified. ❖ No Previous Rental History. ❖ Homeowner*.
Full RentPassport
Employment Reference	❖ Satisfactorily received information.	❖ Employed applicant - unable to provide a reference. ❖ The employment type is a contract. ❖ The employment type is a zero hours contract.
Landlord Reference	❖ Satisfactorily received information.	❖ Unable to provide a reference. ❖ Rent arrears and/or damage present BUT landlord “would rent to tenant again".	❖ Rent arrears and/or damage present AND landlord “would NOT rent to tenant again”.

Guarantor RentPassport

Affordability Calculation = 33% of average monthly income
All referencing rules outlined above are the same for a guarantor
House Ownership*	❖ The guarantor is a Homeowner*.	❖ The guarantor is NOT a Homeowner*.

*This is not verified.

For further information on our Referencing Criteria, please click here.

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