Page 1 of 1
Posted: Sun Oct 03, 2010 10:39 am
by Glenys.hn
Will a debt management plan affect my ability to rent a property
Posted: Sun Oct 03, 2010 10:57 am
by kallis3
Hi and welcome to the forum.
You should be able to rent a property. You might have to put down a bigger deposit as your credit rating may be impaired but I think you will be ok renting.
Posted: Sun Oct 03, 2010 11:39 am
by Glenys.hn
Thank you for the advice.
Glenys.hn wrote:
Will a debt management plan affect my ability to rent a property
Posted: Sun Oct 03, 2010 9:21 pm
by wicksay
Hi. I've been renting many different properties the whole time I've had an IVA and I have never had any problems.
Posted: Mon Oct 04, 2010 4:12 pm
by Andrew Graveson
Hello Glenys.hn,
Our debt management plan clients haven't reported any significant issues with renting new properties.
Its best to raise the issue with the agent prior to them doing a credit check.
This will give you the chance to explain to them that your debt management plan actually prioritises rent payments.