Hi,
My IVA was completed and satisfied on 26th May 2017.
I'm no longer on the insolvency register and I've obtained credit reports from the 3 main consumer credit agencies and they all say that my IVA was satisfied/completed on the 26th May 2017.
I am still living frugally and I'm actually saving some money which feels great.
However, this is where I need some advice:
I have lived in the same grotty flat for 8 years and I have decided that I'd like to move. I can't afford to buy (and I think its unlikely that I'd be offered a mortgage) so I'd just like to rent another flat/house in a nicer area. I have found a couple of places I really like and are within my budget, however I am aware that the estate agents will have to do a credit check on me, but the IVA is still on my record for another 6 months (although it clearly states that its been completed/satisfied).
Have any other forum members been through this process of trying to rent a place whilst either still in an IVA, or as I am, completed but its still on my record?
Any help anyone can give would be really appreciated as I'm keen to move but I don't want to mess things up by making an application, being declined and it affecting my credit record further.
Thanks in advance.
Toby
You would be better to stick out the 6 months until it comes off the credit files --- even though it is marked completed it is still there and will cause you to fail the credit check. This can sometimes be overcome by offering a larger deposit or rent up front, or a guarantor. But, apart from the failed search on record, you will priobably find you have to pay a hefty admin fee for the search, just to rub salt into the wounds.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
