We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Renting with boyfriend who has IVA
Slugs_2
Posts: 1 Newbie
Hi,
In October I'm moving away to do a postgrad course at university, and my boyfriend of 3 years is hoping to move down with me. The problem is that he has £26k of debts and has been paying into an IVA since April.
My question is: would it be possible for me to rent somewhere in my name, with my parents as guarantors, but have him live there? I understand that if we had a joint tenancy, we'd form a financial link for credit purposes, which is something we want to avoid. I have enough savings to pay my half of the rent for the full year (or the entire rent for 6 months!). My parents earn £25k each, and have guarantored a property for me before during my undergrad degree.
Would letting agents allow him to live there without his name being on the tenancy agreement? If not, what about private landlords?
I hope someone can offer some advice as I'm quite worried about this and not sure how to go about things for the best!
Many thanks!
In October I'm moving away to do a postgrad course at university, and my boyfriend of 3 years is hoping to move down with me. The problem is that he has £26k of debts and has been paying into an IVA since April.
My question is: would it be possible for me to rent somewhere in my name, with my parents as guarantors, but have him live there? I understand that if we had a joint tenancy, we'd form a financial link for credit purposes, which is something we want to avoid. I have enough savings to pay my half of the rent for the full year (or the entire rent for 6 months!). My parents earn £25k each, and have guarantored a property for me before during my undergrad degree.
Would letting agents allow him to live there without his name being on the tenancy agreement? If not, what about private landlords?
I hope someone can offer some advice as I'm quite worried about this and not sure how to go about things for the best!
Many thanks!
0
Comments
-
You could ask the LA to have him listed as a resident of the property on file but not as a joint name on the tenancy agreement. This way he is not credit checked and thus no association to him is made on your credit record.
There are some legal considerations in this though. If the worst should happen (and I hope it dosn't) and you split up then you or your guarantors are responsable for the rent, he would not be. He would also have no right to abode at the property if you was to ever kick him out.
Check with a few LA as some will do this others will not.0 -
Any other advice?poppy100
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards