b.r & address.

nev32

Hi all.
we are moving nouse 24th august from our mortgage house to rented.
we are due to go br on the 10th sept, my question is does br effect our rented house or does it just follow me & my wife. as we are worried that the ll will want us out. we hace kept quiet on br as we were honest before we found this house & no agent would help us. it was getting desperate.

philnicandamy

Bankruptcy is a personal thing linked to the person bankrupt NOT the address...so wont affect an address

you will though need to check the tenancy agreement with your rented place see if there's a bankrupt clause anywhere?..bear in mind as well some OR's (not all) will ring landlords to check your living at the address your renting

nev32

yeh we have looked ay the tanancy (copy of) & no mention of br there. so hopefully we will be ok. i hope so as the last thing we want is to have to move again with 4 kids also.

philnicandamy

In that case you'll be fine...try not to worry (I know...I know!)

Phil

inmypocketnottheirs

Do not think that the landlord has a moral right to know about your bankruptcy? Not for a moment do I suggest that you should not be able to rent somewhere decent to live, but your financial status is very important to someone who is trusting you with their investment.

philnicandamy

and remember there's no better a person than a bankrupt to rent a place somewhere....the rent will always be paid on time & they've no debt!
besides IF the agreement or indeed the landlord don't ask about bankrupts then you dont morally or otherwise have to say a single word......

nev32

but if the o.r says to them, then we will have to come clea, although i may say something any ways after br just to calm it down. better to come from me than the o.r.

philnicandamy

Thing is though not all OR's inform landlords so its very hit & miss....if you did want to tell the landlord then thats your decision.....others have done in the past & been suprised that the landlord thanked them for the info & continued to live at the add and as well the relationship between LL and tennant is much much better

nev32

Thanks Philnicanamy, you have been very helpfull. i may wait until we have had a chat to the or to see there side or feelings on it.

estelle123

I have lived in 2 different houses after i went bankrupt,i was straight with the agents who told the LL s,once they found out i was in regular employment i had no problems at all.The second agent just wanted a ref from the 1st agent confirming prompt payment of prev rent.