Editor's note: This brief was summarised by The Property AI Team from a report by Letting Agent Today. Read the original article for full details.
Blinc-UK Launches Digital Referencing at £8 Per Applicant
Blinc-UK has launched a digital referencing service priced at £8 per applicant for letting agents. The company's founders describe it as the most detailed offering yet from the business behind it.
The service brings together digital identity verification, Open Banking, HMRC income information and advanced fraud screening into a single report. According to Blinc-UK, that report is often completed within minutes.
What the Service Includes
For letting agents, the proposition centres on consolidating several checks that would otherwise be run separately. The four elements named by the company are:
- Digital identity verification
- Open Banking
- HMRC income information
- Advanced fraud screening
All four are delivered in one report, which Blinc-UK says is often turned around within minutes.
Why It Matters for Letting Agents
Referencing sits at the centre of the tenant onboarding process, and agents have to balance the depth of checks against the time and cost of running them. A single report covering identity, income and fraud screening, at a stated price of £8 per applicant, is the pitch Blinc-UK is making to the market.
The company's founders say the new digital service is the most comprehensive it has offered to date. The claim rests on the combination of checks included rather than on any published performance data.
What We Don't Yet Know
This brief is based solely on the launch report. No independent figures on accuracy, turnaround times or adoption have been published in the source, and no named individual is quoted. Agents evaluating the service should treat the "most comprehensive yet" description as the company's own characterisation.
Source: Letting Agent Today