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Renting..Credit Checks..but have Guarantor

lec
lec Posts: 9 Forumite
in House buying, renting & selling
Hi
I am new to this site.Would appreciate if anyone could help.
We are moving back to Uk from Ireland.We have a Guarantor who has passed credit checks so why does the agency want to credit check us as well?We will be unemployed for a short time.They know the circumstances so can't understand it.
Anyone know why this would be?
Thanks.
«1

Comments

  • Premier_2
    Premier_2 Posts: 15,141 Forumite
    10,000 Posts Combo Breaker
    Because you are going to be the tenants.
    "Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 2010
  • lec
    lec Posts: 9 Forumite
    I know it seemed a daft question!But what I am saying is what is the point of having a guarantor as well.If we pass credit checks we wouldn't need a guarantor would we?
  • Premier_2
    Premier_2 Posts: 15,141 Forumite
    10,000 Posts Combo Breaker
    Because you have a poor credit rating
    "Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 2010
  • lec
    lec Posts: 9 Forumite
    Actually.I don't think we do.It is just that partner made redundant.We haven't been credit checked yet.
    I assume we need the guarantor as we are not working which is WHY I cannot understand understand why we need to pay 160 pounds for a check.I think it is a rip off.
  • jammin_2
    jammin_2 Posts: 2,461 Forumite
    lec wrote: »
    Actually.I don't think we do.It is just that partner made redundant.We haven't been credit checked yet.
    I assume we need the guarantor as we are not working which is WHY I cannot understand understand why we need to pay 160 pounds for a check.I think it is a rip off.

    I agree.

    Incidentally, how long have you lived in Ireland for?
  • lec
    lec Posts: 9 Forumite
    Hello.
    We have lived in Ireland for nearly 4 years.
  • jammin_2
    jammin_2 Posts: 2,461 Forumite
    lec wrote: »
    Hello.
    We have lived in Ireland for nearly 4 years.

    Then you won't have much of a credit file in the UK. Should you be penalised for daring to exercise your right to live overseas?
  • lec
    lec Posts: 9 Forumite
    I think you could well be right.Fortunately we have found somewhere without having to pay for checks.
  • Robert_Sterling_3
    Robert_Sterling_3 Posts: 7,112 Forumite
    I may be missing something here but if you have a guarantor wouldn't you have to pay for the checks on the guarantor? :EasterBun
    ...............................I have put my clock back....... Kcolc ym
  • 2912pwil
    2912pwil Posts: 46 Forumite
    Sigh! ...

    situation normal.... As for any other transaction (buying a newspaper, renting a car, buying a TV from Currys...) if you don't like the terms/conditions/charges, go elsewhere... If however you really really like the property, you're gonna have to accept the legal-but-maybe-unfair terms imposed by the Landlord/Lettingagent.

    'tis business/capitalism. It's unfair, unreasonable, all about making money out of the punter. (See Marx's various writings for more details...)

    Cheers!
    Wisdom is the daughter of experience
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