difficult to rent a property during an IVA?

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wks

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Post by wks » Tue Jul 31, 2007 9:22 pm
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could there be a possibilty of it being difficult to rent a property during the time of an IVA? If the is need of a guarantor is there any companies or charities that could help if you are unable to get a family or friend member to go guarantor for you?
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MelanieGiles

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Post by MelanieGiles » Tue Jul 31, 2007 9:23 pm
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Hi wks and welcome to the forum

You will struggle to find companies or charities who will guarantee your commitment under a property lease - the best bet is to find a private landlord who may not carry out formal credit checking.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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iva_squirrel

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Post by iva_squirrel » Wed Aug 01, 2007 9:13 am
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Good morning,

If no landlord would consider anyone with a bad credit rating there would be a lot of homeless people around. On the other hand landlords need to protect themselves or they wouldn't be in business.

Being prepared to pay a large deposit and/ or rental up front will show a landlord good intent.


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Julia Simavi

Shortlisted with special commendation for Debt Counsellor of the Year by Credit Today Awards 2007

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Oliver

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Post by Oliver » Wed Aug 01, 2007 9:25 am
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Because you will have adverse credit any prospective landlord who wishes to carry out a credit check on you may look negatively at this. However, this is usually over come by arranging the rental through a private landlord whilst being up front and honest about your financial situation.

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp
Best Regards
Oliver
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iva experts

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Post by iva experts » Wed Aug 01, 2007 9:38 am
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Welcome to the forum wks!

I would advise that you look for properties with private landlords, which can be found in the paper etc. This way they are unlikely to do a credit check on you.

However I do feel it is important to be upfront and honest in regards to you debt situation.

Best Regards. IVA Experts
Best Regards,
Michelle Pontes
IVA Experts
http://www.iva-experts.co.uk/
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