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Guarantor or high deposit or both!! advice please
sonieson
Posts: 6 Forumite
Hi x
If I fail my rental credit check will the LA accept a guarantor instead of a higher deposit. My G'tor is 100 % credit worthy and owns home worth over £250K so meets criteria. Or will they ask for both. Also does my tax credit and Maintenace payment from ex count as income. My rent will be £650 per month. Thanks in advance xx
If I fail my rental credit check will the LA accept a guarantor instead of a higher deposit. My G'tor is 100 % credit worthy and owns home worth over £250K so meets criteria. Or will they ask for both. Also does my tax credit and Maintenace payment from ex count as income. My rent will be £650 per month. Thanks in advance xx
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Comments
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Affordability criteria will be 30x£650=£19.5k must be less than yearly income on standard rental check. I imagine demonstratable forms of income will be considered.Hi x
If I fail my rental credit check will the LA accept a guarantor instead of a higher deposit. My G'tor is 100 % credit worthy and owns home worth over £250K so meets criteria. Or will they ask for both. Also does my tax credit and Maintenace payment from ex count as income. My rent will be £650 per month. Thanks in advance xx0 -
Thanks Silly Me! i was honest on my forms and put mu salary as £16.5K and added bother income seperate, he told me today he was doing the checks, so if it didnt count he wouldnt have bothered would he LA that is!! xx Now I just need to worry about hoping G'tor is enough and they wont ask for more deposit x Any advice is welcome x0
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