Will I be able to set up rental agreements without any problems ?

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john393

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Post by john393 » Sat Mar 11, 2017 1:41 am
Will I be able to set up rental agreements with out any problems

Foggy

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Post by Foggy » Sat Mar 11, 2017 9:33 am
Depends on what you are renting and if you need to pass a credit check (which you will not). Most of us in an IVA who rent our homes need to either remain put until after the IVA leaves our records, rent privately ( not through an agency), produce a larger deposit / advance rent (not easy to do when insolvent) or provide a guarantor.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

Peterdn96

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Post by Peterdn96 » Sun Mar 12, 2017 12:02 pm
You are absolutely right Foggy.
We are going through this now as our landlord have decided to sell the house that we live in.

Ive asked few Letting agents and some of them said that they will get back to us (which never happened) but mostly I got a response that we need to get a guarantor and if we have one, they will speak to the landlord about the fact we are in IVA and let him decide. Ive got 2 months now to move ourt and didnt find anything suitable yet so 2 stressfull months in front of me.

Michael Peoples

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Post by Michael Peoples » Mon Mar 13, 2017 9:33 am
It is unfortunate that landlords and agencies will discriminate against those in IVAs. Take Foggy's advice about renting privately without using an agent and a reference from your current landlord may be enough.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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