Are 'open banking' or 'digital footprint' checks becoming standard practice for UK tenant referencing, and what are the GDPR implications and benefits/drawbacks compared to traditional employment and landlord references, especially for self-employed applicants?
Quick Answer
Open banking and digital footprint checks are becoming standard in UK tenant referencing, offering real-time financial insights and faster verification, particularly for self-employed tenants. GDPR compliance is key.
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Explore how open banking and digital footprint checks are becoming standard for UK tenant referencing, their GDPR implications, and benefits for self-employed applicants.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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