www.iva.co.uk

How can I rent a property in my name with an IVA when all landlords or letting agents ask for a credit check?

I'm afraid you will only be able to rent through private landlords and not letting agents.

The only other way I've known someone else rent through a letting agent was to pay a chunk of rent up front. 6 months in the case of my friend!

Many will work around an IVA with increased deposits or rent up front or a guarantor. Some will even accept the IVA, after all, you are stricter with your budget than most! Be upfront to save a wasted search ( and fee).

Otherwise approach private landlords who do not, generally, have access to credit checking.

Do you know someone who may be prepared to act as guarantor?

I was told by payplan id need a small deposit to rent as I was selling house to pay back IVA.. Now I'm sleeping on friends floor as rental companies want 12 months rent . IVA s are a rip off !!!!!

Hi

Usually creditors will allow you to retain enough funds to secure rented Accommdation if you sell your property whilst in an IVA

Regards

Andy is right. We will allow up to a year's rent from the sale proceeds as it is common practice for rental agencies to request a bond and six months rent. Creditors are normally fine with this.

No.... Payplan allowed me 3000 pounds in total . I am now saving for a deposit, effectively homeless for a year !! Don't trust IVA companies

I'm not sure you can tar all companies with the same brush! I understand your frustration though
Hope things get better for you soon

It is always worth getting advice from the independent professional sector as well as the bank funded and charity firms. Recovering is right as all firms are not the same.

I know companies vary and some letting agents do require much more up front but it is possible- best advcie to be honest and up front from the beginning and they'll say yay or nay.

Tx1pete sorry you had an unpleasant experience but like recovering says they're not all the same.

when I sold my house to do a f&f, after losing my job.
I was aloud to keep enough to set up a rented flat. ie pay 6 month upfront. replace that were part of the sale (white goods ) after a year and with a guarantor I now pay monthly. The iva company I was with could not have been more helpful

That's sad. We tried moving house last year but were turned down by every agency yet we've never missed a months rent in our lives. One never really understands the impact the IVA until they're denied the basic things they've always taken for granted. We're still in the old house and can only say it will come to pass. Best wishes

This thread has made me realise how grateful I should be that I have a flat and mortgage. Trying to rent somewhere must be a nightmare in an IVA, despite the fact your budgets are more structured and realistic than most.