Experian Rental Interface For Social Housing
Experian is the UK’s largest credit reference agency and by using Pyramid’s rental interface, social landlords are able to help their tenants build a good credit rating using rent payment history; similar to mortgage payments for homeowners.
By providing this service to tenants, social landlords can improve their tenants everyday life by helping them obtain better tariff’s for bills, affordable loans and proving their identity.
In additional to improving tenant’s lives; social landlords:
- Encourage tenants to make timely rent payments
- Identify financial profile of tenants and build sustainable tenancies
- Pro-actively assist high risk tenants with financial advice and prevent further debt
- Reduce arrears and void properties through eviction
Pyramid’s rental interface was developed in partnership with Experian to enable social landlords to easily share information; including:
- General tenant details
- Landlord details
- Rent payments
- Arrears value
- Rent charge frequency
- Local authority
By understanding the most financially vulnerable tenants, social landlords will be able to take a pro-active approach with assisting tenants who could potentially be negatively affected by Welfare Reform and maintain a healthy cash flow for the business through preventing irregular rent payments.
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Latest Case Study
In more recent history, Target Housing invested more than ever to expand the services they provide to complex needs’ clients. Including £30M in 30 properties, procuring a 24/7 hostel in Rotherham and extensions to council allocated support projects. All these are maintained using the Pyramid Housing Management system, which has served Target Housing since 2011.
The Pyramid Rent Accounting forms the foundation of all your tenant and property data; assisting housing professionals streamline rents and arrears management through integration and business intelligence.
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