Renting for the first time

applebite

Hi unsure if this is in the right forum so sorry if it is not.

Im hoping to rent a flat with a friend (both of us are students) for the first time and have a couple of queries.

First being the credit check. Im 22 have had a student account with a £500 overdraft for 3 years. Ive had a bank charge once about 2 years ago for going over by 50p but got this cancelled but the other month my debit card got declined as I didnt have enough money in my accoount to pay for the transaction. I havent had any credit cards. I have had finance on car for the past year and a half and have never missed a payment. I am not on the electoral roll. I also have had a parking fine from tcp which I did not pay as I was at work and could not move my car and it has propbably been put to a debt collectors.

On the otherhand I stay with my mum currently in a council house. She will not have the best credit score and Ill take a good gues that there is debt at the address.

Who would I get a reference off of if I have never rented before? And what would this need to contain?

Will all this mean that I will get refused to be able to get a tenancy?

I will be getting a bursary and have 1 pt job and relief work.

Thanks

19lottie82

If you're a student I think you will need a guarantor. This is usually a home owner with a good credit record and a job, prob earning £21k + pa. they will have to sign a legal document stating that they will pay the rent if you can't / won't. If you can't find someone then they will usually accept 6 months rent upfront as an alternative.

The above is the norm for letting agencies and a lot of landlords, tho you may find a private landlord who will be willing to go without either.