My IVA has just finished, now told I need to pay 12 months rent in advance.

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Tx1pete

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Post by Tx1pete » Thu Apr 30, 2015 1:47 pm
Worried!! I'm currently living at parents as my wife and I split up and will get divorced. My iva has just finished but when I tried to rent a property I was told by estate agent company that I'd have to pay 12 months rent in advance....is this the going rate for bad credit renters??? I'm fairly solvent now ... Thanks
 
 

Foggy

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Location: United Kingdom

Post by Foggy » Thu Apr 30, 2015 2:21 pm
Hi -- not there is no going rate and it is all down to the individual agencies, some take larger deposits, some need a guarantor ( some both!), whilst a few don't worry too much. Private landlords might be a good bet as they don't credit check.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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