Credit rating of a non Uk national

inthegreen

My friend is Hungarian and I have recently purchased a house and asked whether she would consider renting my spare room. She says she would love to but she needs to build a credit rating and her bank in the UK told her moving again (she has moved 3 times to different rental rooms) would affect it negatively. Does anyone have any suggestions how she could still move but improve her rating (She just doesn't have a credit history here in the UK rather than she has a bad one from not paying anything back)

Is there any way around this or anything she or I can do to improve her rating over time. For example she has never had a utility bill in her name as she always rents rooms. Would I be able to put one of the bills in her name to help if she lived with me?

GingerBob_3

inthegreen wrote: »

My friend is Hungarian and I have recently purchased a house and asked whether she would consider renting my spare room. She says she would love to but she needs to build a credit rating and her bank in the UK told her moving again (she has moved 3 times to different rental rooms) would affect it negatively. Does anyone have any suggestions how she could still move but improve her rating (She just doesn't have a credit history here in the UK rather than she has a bad one from not paying anything back)

Is there any way around this or anything she or I can do to improve her rating over time. For example she has never had a utility bill in her name as she always rents rooms. Would I be able to put one of the bills in her name to help if she lived with me?

Perhaps not a good idea. Utility companies are notorious for screwing up people's ability to get credit. The tactic here is to find one that doesn't report you to the CRAs. A mobile phone contract might be a better bet, but some of those companies can be problematic as well.

DCFC79

The credit rating is of no relevance as it isn't seen by lenders.

Experian_company_representative

Hi, InTheGreen.

Your friend would be able to register to vote for the European elections.Being listed on the electoral roll can be a big help when applying forcredit as lenders will often use this to help confirm ID.

They would then be able to start to build up a credithistory, current accounts and mobile phone contracts wouldbe able to help with this.

Our Ask James page covers a similar situation (but for U.S Citizens) here.

I certainly wish your friend the best whichever option they decide to take!

Kind Regards
Neil