House Insurance when Partner is bankrupt and other things home related

Rainmaker123

Long one sorry - will try to get to the point quickly:-

Future wife is an undischarged bankrupt (I am not - had I been around at the time this would not have happened) - hopefully discharged before we are married. Everything is in seperate names - and will remain so for at least 6 years (what a way to start married life!).

Have sold my home and bought another which we intend to make our 1st home together. No mortgage on this so no need to declare to a building society.

However - House insurance. Got a quote yesterday - was asked the following questions:-

1. Do you have a criminal record? - No - Unless you can count what is in my record collection :rotfl: Seriously though not a problem for either of us.

2. Is anyone living with you declared bankrupt? - Well for the first month - two I will be on my own so could answer that one with a no - BUT.....

NEVER heard of this before. I am concerned what may happen in 1 - 2 months when my fiancee moves in and I try to add her as living in the property.

Help?

1. Does anyone know a reputable company who will cover me at a reasonable rate? Policy will be IN MY NAME ONLY but will have my future wife living with me.

2. Another question regarding other bills ie utilities, council tax. Again these in my name only, but for example council tax. My wife to be is in receipt of DLA so we may be entitled to help with council tax - would this mean when I declare her on the council tax form and I would risk having my good credit status blighted? Is there a way round this?

3. Tax credits - I have spoken to the tax office and have been told I will be entitled to a working tax credit when wife to be moves in with me. Will this affect my credit and if so is there a way round this?

Why is bankruptcy treated like a criminal offence? When will these companies learn that most bankrupts, when the problem is sorted, go on to become far better credit worthy customers. Also what has home insurance got to do with someones ability to have credit? :mad:

jimmy_2-2

Just to confirm sooty's notes on making a low offer.

Its definately worth making teh fairly low offer to teh OR. Dont be too low otherwise you are likely to aggravate them. Get you freind/partner to make the offer explaining that they are offering the highest that they can reasonably afford to pay. Its amazing how low that offer can be. Also make sure that this offer is put in at the earliest available moment. I only say this as house prices seem to be continuing to increase, and while they increase, so does teh amount of money that teh OR is potentially able to claw back.

I dont recommend bankruptcy at all by teh way. Its not a nice feeling, it does cost a small amount of money, and when you want to apply for that credit card due to emergencies, you know that it just aint worth trying.