The Rental Exchange is a database and system set up by a new partnership between Experian and Big Issue Invest, the social investment arm of the Big Issue Group.
The Exchange was set up to address the valid concerns of both lenders and potential buyers currently occupying property as tenants. The concern was that tenants potentially faced financial, digital and even social exclusion which might disadvantage them when it came time for them to try and get on the housing ladder.
The Exchange is primarily a database which aims to better record and score a tenant applying for a mortgage. It does this buy tracking a tenant’s rent payment record and thereby allows Experian to put a ‘score’ on the tenant’s rental past. This can be used by lenders or other creditors when they are assessing an applicant’s suitability for a new loan or supply account.
As a tenant, having additional information on your credit file can make it quicker and easier to:
- Open a new bank account
- Get a new credit card
- Have a loan application approved
- Shop online
- Arrange a better utilities tariff, or qualify to pay for gas/electricity via a non-prepay tariff
- Receive better mobile phone rates
- Apply for a mortgage
If you are a tenant and would like to register with The Rental Exchange simply follow one of the following procedures;
- If you are a council or social housing tenant, ask your landlord to report your rental payment data into the Rental Exchange.
- If you are a private tenant, and your landlord or managing agent has more than 100 properties ask them to report your rental payment data into the Rental Exchange.
- If your landlord owns fewer than 100 properties and cannot transfer data directly into the Rental Exchange, you can sign-up (at no cost) and schedule payments to your landlord via the Credit Ladder platform, the information is then shared into the Rental Exchange. Click here for more details.
If you are a tenant and you pay your rent regularly and reliably why not take advantage of the Rental Exchange by Experian? For more details click here.
Download our Free First Time Buyers Guide
Recent posts
Here are the lowest fixed mortgage rates of the week, available to first-time buyers, home movers, buy-to-let, and those remortgaging.
Call us for more information: 01628 507477 or email: team@mortgagerequired.com.
Research from Lloyds identifies the most affordable areas in the UK for first-time buyers to be able to get onto the property ladder.
On Wednesday, 13th May, King Charles delivered his speech at the House of Lords, outlining the government’s plans for the upcoming year.
Here is a summary of the housing and energy/environment points.
From 18th May 2026, Halifax (part of Lloyds Banking Group) is launching a ‘£5k Deposit mortgage’ to help first-time buyers get onto the property ladder sooner.
Homeowners could be faced with paying over £3,000 more per year on their mortgage if the conflict in the Middle East continues, following new analysis from INTEREST from Moneyfacts.
Renters' Rights Act
23 days ago
The Renter’s Rights Bill became law at the end of October, which means it has been signed off by the King, and it is now the Renters’ Rights Act. Despite this becoming law, these changes are likely to start changing within the next six months, with the aim of being fully implemented throughout 2026 and into 2027.
Green Mortgages | Rewards and Benefits
23 days ago
Mortgage lenders are starting to recognise their “Green” responsibilities when it comes to the different products they offer.
Costliest Streets in Great Britain
27 days ago
Recent data from Rightmove shows the most expensive streets in Great Britain, with the majority being situated in the capital.
More information
Trusted by
