Case study: Quintain Living
How Quintain reduced its risk exposure to fraudsters and improved tenants’ experience.
Quintain Living is Quintain’s award-winning build-to-rent management brand. Quintain has developed Wembley Park, one of London's most exciting new neighbourhoods. Wembley Park is set to become the largest build-to-rent development site in the UK, with 6,044 homes being delivered by 2027, offering brand new beautifully designed apartments with iconic views and 24-hour inspired services. Quintain is also the third largest residential developer in Ireland, with over 9,000 homes in the pipeline across 460 acres of prime development land. Their focus is to transform assets into places where people want to live, companies want to grow and neighbourhoods can come alive.
Quintain Living is an innovative brand attracting internationals, students, and young professionals, but their tenant referencing solution was old-fashioned. It meant that tenants faced unnecessary friction in the due diligence process, and that all internationals had to find a UK guarantor or pay the rent upfront. Additionally, Quintain’s deposit-free proposition attracted fraudsters who easily overcame the manual review of the old tenant referencing providers, resulting in low approval rates, rent arrears, and legal expenses. With international growth in the roadmap and innovation as a company compass, Quintain sought to eliminate customer friction, lift approval rates, and enhance fraud protection.
High approval rates14% more transactions. From 80% approval rate to 94% approval rate.
Accurate declines2% of all transactions accurately detected as fraudulent and prevented.
Improved efficiency100% reduction in legal costs, rent loss, and damages.