HELP!! What can letting agency see on credit check??? Any one in rental market know?

Miss_Samantha

As the name suggests a 'credit check' is meant to check credit worthiness.

This means trying to assert whether you usually pay your debts and whether you can afford what you are proposing to purchase.

Fairyfrog4

Thank you, I'll let you all know how it goes - fingers crossed!!!

tmc1990

Hi, my application was accepted and I DO have a CCJ. I used a guarantor, which whilst not essential probably helped my case. Just make sure you are 100% honest and upfront and I don't see it being a problem. I think you should be fine, considering you don't have a CCJ or anything similar

Guest101

Look, without trying to dismiss well meaning posts:


There's no universal pass or fail, each LL has their own criteria, which their agent should enforce.

Tyler119

OP check out this

http://www.experian.co.uk/assets/background-checking/sample-reports/tenant-verifier-comprehensive-report.pdf

Fairyfrog4

Hi everyone! Thanks so much for my help. I've been ACCEPTED! Credit check went through fine, I got accept on every section so must only pick up CCJs etc and I think it's done more on their affordability ratio thingy! Thanks so much everyone I am delighted!!!!!!!

[Deleted User]

theartfullodger wrote: »

I very, very much doubt that is true: For all lettings, POCA? Nah... (£5 to a housing charity if I'm wrong...)

Artful, Landlord

You owe £5

I work for the FCA and it's true. I'll dig out the references in the legislation if you need it

theartfullodger

camelot1971 wrote: »

You owe £5

I work for the FCA and it's true. I'll dig out the references in the legislation if you need it

For all tenants of all letting agents? I'd be very interested & happy to pay. Care to propose a Housing charity?

Miss_Samantha

camelot1971 wrote: »

I work for the FCA and it's true. I'll dig out the references in the legislation if you need it

Please do.

theartfullodger

camelot1971 wrote: »

You owe £5

I work for the FCA and it's true. I'll dig out the references in the legislation if you need it

And answer came there none.

Wonder why "Private Eye" refer to the FCA as
https://en.wikipedia.org/wiki/Recurring_in-jokes_in_Private_Eye

the Financial Conduct Authority is usually referred to as the "Financial c@ck-up Authority"

I am sure there are excellent individual staff who work for the FCA and no doubt camelot is one such....

If you camelot has the evidence & references to the legislation yes of course I'll pay, just increased it to £10!

Any suggestions anyone?