Tenant Checking Innovation

Introducing Tenancy Risk Score

Unique to the Property Management industry, illion Tenancy introduced a new benchmark for tenant checking with the Tenancy Risk Score.

Our Tenancy Risk Score provides greater risk assessment accuracy compared to a standard credit score because it uses a combination of both credit bureau data and tenancy data. This gives property managers and landlords a simple and reliable indicative score that summarises how much risk each prospective tenant poses. Also included is a Tenant Percentile Rank as a comparison guide with other tenants. .

A higher Tenancy Risk Score is desirable. A good, low-risk tenant will have a Tenancy Risk Score of 500 and above. 

t

The data range illion Tenancy uses to contribute to the Tenancy Risk Score includes:

  • Credit enquiries
  • Defaults,
  • Court judgments
  • Bankruptcies.
  • Tenant ratings from other landlords
  • 14 Day tenancy breach notices
  • Tenancy Tribunal decisions
  • Anti social behaviour while in a tenancy.

Along with your Tenancy Risk Score will be the Tenant Check report showing the relevant information which is contributing to the score.

   

Need a Login?

Get Started >