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  • FIRST POST
    • -B-
    • By -B- 15th Oct 16, 7:25 PM
    • 2Posts
    • 0Thanks
    -B-
    Housing Help
    • #1
    • 15th Oct 16, 7:25 PM
    Housing Help 15th Oct 16 at 7:25 PM
    Hi Everyone,

    Im after advise please. I have recently started a DMP with Step Change to finally cope with mounting debts. I have also sold my house to free up the equity to clear some of the debts. However I am now faced with the predicament where my credit rating over the passed year has really been affected and I feel Im not in a position to rent a property through an agency due to this. I m unable to find any private rentals and with the completion date of the sale getting closer I am now starting to worry. Has anybody been in this situation that can give advice as to what my options are? I have a fairy good salary but awful credit rating due to my recent circumstances. Im married with three young children but I am the only financial provider at the moment. I have thought about speaking with my local council but worried that my income will not be considered low enough to receive help despite my current debts. This is my first post and any help and advice would be greatly appreciated.

    Many thanks,
    -B-
Page 1
    • Karonher
    • By Karonher 15th Oct 16, 7:47 PM
    • 331 Posts
    • 1,760 Thanks
    Karonher
    • #2
    • 15th Oct 16, 7:47 PM
    • #2
    • 15th Oct 16, 7:47 PM
    I dont think your salary will stop you getting rehoused - it may just mean you have to pay a higher level of rent.

    Could you try private landlords who will accept maybe a few months rent upfront? I realise this may be impractical until after the house sale.

    There are some tips here. http://www.tenantstips.com/Home/How-to-rent/How-do-I-apply-to-rent/How-to-rent-or-let-a-flat-house-apartment-if-you-have-had-bad-credit-ccjs-adverse-credit-bankruptcy-IVA#.WAJ5A_krK00
    Getting ready for Christmas 2016

    Aiming to make £3,500 online in 2016.
    • -B-
    • By -B- 15th Oct 16, 8:06 PM
    • 2 Posts
    • 0 Thanks
    -B-
    • #3
    • 15th Oct 16, 8:06 PM
    • #3
    • 15th Oct 16, 8:06 PM
    Hi Karonher,
    Thank you for the reply and the link. Unfortunately because of my current DMP arrangement I dont think I am in a position to pay a few months upfront, as every spare bit of income goes towards my debts. I will follow up the advice in the link and speak to some agents and explain my situation and income and see what they recommend. Ideally I would like to to receive help from the council until my situation improves. I dont mind paying a higher rate due to my income, as it will probably be significantly less than my current mortgage repayments.

    Many thanks
    • Vikipollard
    • By Vikipollard 16th Oct 16, 10:03 AM
    • 609 Posts
    • 1,059 Thanks
    Vikipollard
    • #4
    • 16th Oct 16, 10:03 AM
    • #4
    • 16th Oct 16, 10:03 AM
    Housing is a critical spend, so surely your DMP provider would agree that an amount of your equity be allocated towards any upfront rent payment (lets say six months worth) to a landlord to enable you to be housed.

    I would be asking that question of them. Now.
    LBM July 2006
    Debt Sept 06 £19,972
    Debt free 01 Sept 12 ..

    Finally joined Slimming World: weight loss 33lbs...target achieved 51wks later 06.05.13
    • datlex
    • By datlex 16th Oct 16, 12:09 PM
    • 1,060 Posts
    • 911 Thanks
    datlex
    • #5
    • 16th Oct 16, 12:09 PM
    • #5
    • 16th Oct 16, 12:09 PM
    I dont think your salary will stop you getting rehoused - it may just mean you have to pay a higher level of rent.
    Originally posted by Karonher
    OP Karonher is correct in that currently your salary is not taken into consideration. They are not correct that you would pay more money. (This may change in 2017) Currently anyone can apply for social housing those most won't get it due to availability. When you apply for housing you automatically get put on the lowest priority you then have to apply to move to a different category.

    At the current time you are not homeless as you still have a home. The council/housing association in your area is unlikely to elevate your band as you would be considered intentionally homeless. Your best course of action would be to delay the sale whilst you are looking for a rental property.
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