www.iva.co.uk

hi guys
ok if your private renting and on an IVA,what happens when your let agreement runs out and you need to find another property, is this going to be a problem with letting agents because of the IVA, would i be stuck for some where to live.

many thanks .

Well, I would say you already have one thing going for you as you can have a reference from your previous landlord. You can also show the breakdown on your I&E which proves how much you have allocated for rent.

I am renting and I had to find 6 months in advance for the first 6 months. They were well aware that I had been repossessed and did all they could to expedite proceedings.

I think as long as you are honest and upfront you should be fine.

I agree with angelrainbow, you already can get a good ref from your present landlord. As said some do require 6 months upfront. The best thing to do is to be upfront and have a ref.
Private landlords may be more accomodating and not worry about credit checking, but dont ule out the letting agency,s.

Ang

On the news in my area the other day there are 100's of empty properties, its a renters dream world. Landlords are desperate for tenants, in the current climate they are losing money. I cant remember if they said you can get a better deal with a private let or angeny let. Anyway, the upshot was that its never been easier to rent, whatever the circumstances. I also dont know its its nationwide or just my tiny little bit of England.

The housing estate we have just left has LOADS of empty houses, all with To Let signs outside, I looked on the internet and the prices have been reduced and still there is no-body wanting to rent them

We really are living in crazy times. I would have thought that, as nobody is buying property, more people would be renting. From your posts this doesn't seem to be the case. So where are all the students, newly weds, young people leaving home etc etc living? Have the sales of tents rocketed?

A lot of larger houses for rent are still out of reach of a lot of people as the rents are too expensive.

I'm sure you're right, Kallis3, but whereas with buying property the main problem now is accessing a mortgage, as far as renting is concerned if the landlord can't rent at the given price he should drop the price until he can rent it - no different than the supermarket wanting to shift a bag of spuds. But that doesn't seem to be happening and I don't know why. Still, what do I know - I have an economics degree but it didn't prevent me from getting into my present financial pickle!!!

Landlords need to rent. Provided you can show that you can afford the rent you should have no problem. Your Supervisor can and will give you a reference if necessary. Good luck.

hi guys
thank you for the replies, puts my mind at ease a little, not looking to move at the momment but just incase my landlord says he is selling up or something needed to know where i stand.

again thank you.