We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 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!
First 'official' rent help?
stu2500
Posts: 193 Forumite
Good Morning
Due to recent circumstances I have to move home and rent a property. I previously lived with my partner and moved in with her into a rental property, she already lived there and it was a very casual agreement arranged privately.
I now need to rent a property on my own. I am a little worried as I have a poor/mediocre credit rating. I have two credit cards (which I am paying off), an overdraft (which again, I will pay off), and a loan at £188 per month which I won't be able to pay off for around 3 months. I have a full time permanent job as a recruitment consultant and earn £20k and then commission on top.
I am looking at £500 per month on rent and my family are going to help me for the first year.
The documents I have so far are 6 months’ payslips, confirmation of my promotion at work (with salary confirmed), and credit report with highlighted areas of concern (default from 2008).
Does anyone have any advice as to any further info I can provide?
I am going to be as open as possible in regards to my credit report and commitments. I am due to get £6,000 at the end of this month (PPI reclaim) and some gift from my Father (this will pay off my CC's and OD then leave me some security in the bank). I should also be receiving £10k inheritance over the next three months of which I will settle my loan with.
Any help is much appreciated.
Due to recent circumstances I have to move home and rent a property. I previously lived with my partner and moved in with her into a rental property, she already lived there and it was a very casual agreement arranged privately.
I now need to rent a property on my own. I am a little worried as I have a poor/mediocre credit rating. I have two credit cards (which I am paying off), an overdraft (which again, I will pay off), and a loan at £188 per month which I won't be able to pay off for around 3 months. I have a full time permanent job as a recruitment consultant and earn £20k and then commission on top.
I am looking at £500 per month on rent and my family are going to help me for the first year.
The documents I have so far are 6 months’ payslips, confirmation of my promotion at work (with salary confirmed), and credit report with highlighted areas of concern (default from 2008).
Does anyone have any advice as to any further info I can provide?
I am going to be as open as possible in regards to my credit report and commitments. I am due to get £6,000 at the end of this month (PPI reclaim) and some gift from my Father (this will pay off my CC's and OD then leave me some security in the bank). I should also be receiving £10k inheritance over the next three months of which I will settle my loan with.
Any help is much appreciated.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards