We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
moving and renting
Options
Hi,
I have the very real possibility of being offered a better job 250 miles from my current location. We own our house and have an IVA. The new job is great for my future (IP told me those things are taken into consideration) but because of the additional cost of living near London and commuting, i would not be able to add much more to the IVA.
1). My questions are:- Is the Ip likely to be sympathetic to my case to move, earning more , but paying little extra, in view of my better position for the future?. I belive they are supposed to consider both parties in an IVA.
2). Most letting property agencies tend to do a basic credit cheque before accpeting a new tenant. Am I likely therefore to find it really difficult to rent anywhere?
3). Is my mortgage company (Northern Rock..surprise surprise) going to agree to let me rent out my property when we move?
I have the very real possibility of being offered a better job 250 miles from my current location. We own our house and have an IVA. The new job is great for my future (IP told me those things are taken into consideration) but because of the additional cost of living near London and commuting, i would not be able to add much more to the IVA.
1). My questions are:- Is the Ip likely to be sympathetic to my case to move, earning more , but paying little extra, in view of my better position for the future?. I belive they are supposed to consider both parties in an IVA.
2). Most letting property agencies tend to do a basic credit cheque before accpeting a new tenant. Am I likely therefore to find it really difficult to rent anywhere?
3). Is my mortgage company (Northern Rock..surprise surprise) going to agree to let me rent out my property when we move?
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.8K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.6K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards