Affordability and income for tenancies
Confirm a prospective or existing tenant's income and that the rent is affordable, straight from the bank, to sustain tenancies and support residents.
Sustaining tenancies needs the real picture
Arrears and failed tenancies are costly, and often start with affordability that was never clear.
Documents do not show what is already committed.
Asking for statements adds friction at a hard time.
Every missed payment is harder to recover later.
Helping residents starts with a clear picture.
What open banking does for housing teams
One open banking connection covers all three, with no extra systems to run.
Why housing associations use it
Let homes to residents who can afford them.
Spot risk early and support residents sooner.
A clear picture to build help around.
The same check for every applicant.
The data points that matter for housing associations
One connection surfaces exactly what you need to make a confident decision. See how it works.
Before a new tenancy, one open banking connection confirms the applicant's income and that the rent is genuinely affordable, so you let sustainably and spot support needs early, which reduces arrears down the line.
Open banking for housing associations: FAQs
Yes. With consent, an affordability picture helps you build realistic repayment and support plans around a tenant's real circumstances.
Open banking works on any device with online banking, and where a resident cannot connect, your existing process remains as a fallback.
Access is read-only under FCA authorisation and encrypted in transit and at rest. The customer consents to share specific accounts for a limited period, only housing associations working on the case see the result, and the customer can withdraw access at any time.
Sustain tenancies with clear affordability
Book a demo and we will confirm income and affordability on a live connection.