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Regulate Rent to Appear on Credit Reports

Submitted on Monday 16th April 2012

Published on Tuesday 17th April 2012

Current status: Closed

Closed: Wednesday 17th October 2012

Signatures: 15

Petition Action

Regulate Rent to Appear on Credit Reports

Additional Information

I propose that the household rental market is reformed so that rental payments appear on credit reports.


I find it amazing that a credit check is done before someone can rent a property, yet no record is kept to show good and late payments.


I believe this should be one of the most important factors mortgage lenders look at when making a decision, after all, it is often our greatest expense and has much more relation to our ability to manage mortgage payments.


I would like the government to create a mechanism, which records with credit reference agencies, the rental payments made by tenants to landlords.


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