Bankruptcy advice again please

Johnpj

Maizy wrote: »

Really sorry and not being ignorant but no time to read the posts just now on here will try and read later.

Right so we have arranged a viewing on a house we really like, right location etc etc. My OH rang to book this morning and got grilled about our situation, mortgaged propery, have we sold which agent is it up with?????. Totally stumped as we havent been asked this before, he said we had sold it privately.

What the hell are we meant to say, what checks will the agent do to prove we have sold and rightly so.

Finding this really difficult right now and despite trying, due to the situation it isnt going too well. May end up taking a dive we saw because the LL probably wont question anything as the house has been up for rent for that long and it is a total dive. Who am I to be fussy though or at least want some kind of comfort when going through all this. We are viewing the nice one tonight and feel its a total waste of time due to questions about our own situation. I cannot afford to throw money away on fees that we dont have a chance of gaining a let. Sorry for ranting but really on he verge of paying the mortgage up and quite scarily they havent started to chase us so that doesnt look too good, normally they are on the blower within a day or so.

I know its very hard a the moment. Plase make sure you take time out from the stress, even if it is just an hour, and spend it with your husband and kids and do something positive. It is important to have "me" time.

With regards fees to agents, can I enquire why you are being asked to pay these before you agree to actually rent? Have you tried, and please excuse me if you have, saying I will pay once it is agreed we can rent.

In my experience those agents/landlors that ask the sorts of questions you are being asked are very unlikely to be friendly towards BK. I could be wrong.

Phone the mortgate company? I know you might not want to know the answer, but at least you will be aware of what is going on, and coming from your angle it wont be so scary to wonder.

Ineedaname

Johnpj wrote: »

With regards fees to agents, can I enquire why you are being asked to pay these before you agree to actually rent? Have you tried, and please excuse me if you have, saying I will pay once it is agreed we can rent.

If they like the property and want to move in, they pay the fees, the agent conducts the credit check and references, Maizy is worried she'll fail and of course the fees are non-refundable.

An agent may not show anyone else around whilst checks are being carried out, but will not agree to rent until all checks have been passed. They are unlikely to carry out the checks without taking money to do so!

Johnpj

INEEDANAME - I knew all the first bit, but not having been in the situation with an agency, I used a private landlord, I was keen to know if you could say "we will pay when agreed to rent". A reasonable question I hope you agree.

If that is not possible, then surely the only options for Maizy are to either be totally honest with the agent, or rent from a private landlord. Otherwise it will be £200 wasted every time, as Maizy has already pointed out of course.

I think I have already suggested this, but when I needed help, the local council had a list of private landlords who were friendly towards people with problems. They supplied me this list free of charge. Maybe even the local CAB have a similar list?

Just thinking outside of the box, and of ways to help.

Dont shoot me.

Ineedaname

As I said, an agent will not carry out the checks without taking their fees for doing so and they will not refund the fees if the checks are failed. That's standard, you don't get something for nothing.

Maizy confirmed a while back in this thread that she hasn't seen any private rentals in the area when she's been looking.

Been through all alternative suggestions with Maizy 6 months ago.

Johnpj

Just thinking outside of the box, and of ways to help.

Johnpj

Ineedaname wrote: »

Maizy confirmed a while back in this thread that she hasn't seen any private rentals in the area when she's been looking.

I know, I remember. But this is becoming the imovable object meets the unstopable force.

Something has to give, and hopefully us discussing it will focus the mind, and highlight the options which are and which are not possible.

As was said earlier in the thread its not us who Maizy should be concerned about frustrating, but the frustration she herself is in.

Ineedaname

Advice has been given to Maizy, she already knows what is and is not possible and has a plan of action. Thrashing out different scenarios will not change her circumstances or help her in any way.

Maizy

removed post

Johnpj

Good luck Maizy.

I will NOT be be posting on this thread any more, due to the rudeness of others. I will monitor though, and if I feel I have anything to add I will private message you with a REQUEST to send info. I will not send any info if you say no.

Good luck with the future.

imindebtjayne

Hi Maizy, dont post very often, but just wanted to say I managed to rent 4 months into my br, did it through an agency, and yes did fail their credit checks but I told them, and the LL before hand, and both were fine, the rent was more than I was paying on my mortgage but the OR was happy enough with that. I did a voluntary repossession with my house, no notices etc were put up and it was put on the market by the local estate agent so no one knew.

So I know its a difficult decision for you to make, and its only you and your family that can make that decision, you have to do whats right for you in the long term.

These things do have a way of working out for the best in the end.

Wish you well and the best of luck