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Affordability for rental and impact of Covid
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RachelNE
Posts: 4 Newbie

I’m needing to relocate to begin a new job. Covid forced me to reside with my parents due to being a new business owner and not deemed important to sufficiently support. I still had a zero hours contract with a part time job and was furloughed on sub £100/week, with my business being closed for most of the past 18 months.
When it comes to a question of rental, I’m being told that it’s unlikely I will pass an affordability check because of my very low income over the past 12 months. I’m able to provide 6 months rent up front, work references and a guarantor (who has been earning sufficiently) yet this is not good enough.
I’m looking to move to the Stoke or Crewe area and finding it very difficult to find private landlords (who still may want to run affordability checks).
For anyone have any suggestions or places where I can look for support otherwise I will need to turn this job down?
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Comments
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Can you not lodge until you've been in your job a while.Mortgage started 2020, aiming to clear 31/12/2029.0
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It might be old hat now, but years ago you use to be able to approach the local council for lists/details of local landlords they hold, when struggling to get accommodation.0
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RachelNE said:When it comes to a question of rental, I’m being told that it’s unlikely I will pass an affordability check because of my very low income over the past 12 months. I’m able to provide 6 months rent up front, work references and a guarantor (who has been earning sufficiently) yet this is not good enough.
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I would lodge not rent initially. At least until you passed your probationary period and know the job is going to work out.0
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poppy12345 said:RachelNE said:When it comes to a question of rental, I’m being told that it’s unlikely I will pass an affordability check because of my very low income over the past 12 months. I’m able to provide 6 months rent up front, work references and a guarantor (who has been earning sufficiently) yet this is not good enough.2
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Grumpy_chap said:poppy12345 said:RachelNE said:When it comes to a question of rental, I’m being told that it’s unlikely I will pass an affordability check because of my very low income over the past 12 months. I’m able to provide 6 months rent up front, work references and a guarantor (who has been earning sufficiently) yet this is not good enough.0
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poppy12345 said:RachelNE said:When it comes to a question of rental, I’m being told that it’s unlikely I will pass an affordability check because of my very low income over the past 12 months. I’m able to provide 6 months rent up front, work references and a guarantor (who has been earning sufficiently) yet this is not good enough.I’ve spoken with 3 lettings agents who have informed me of this.Irrespective of whether the probationary period works out or not, I will be remaining in the area for university next year so still require somewhere to live.My father is my guarantor and is a homeowner. Between us we would be earning over 7 times what the monthly rent is yet this is all an issue because of my affordability over the past 12 months (which is not representative of my income going forward).0
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MovingForwards said:Can you not lodge until you've been in your job a while.0
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suspect wanting something like that limits the market a bit
only experience I have of renting recently was becoming guarantor for son, he was well short of the salary needed but they were happy that he was getting help from me.0 -
Assuming your father satisfies the requirements as a guarantor, then all the other stuff about rent in advance or your affordability seems irrelevant. Earnings level aside, are there other liabilities your father carries that mean it is his affordability rather than yours that is being taken as the obstacle?
Also, is it possible that mentioning using the outhouse for self-employed trading is putting LA's off - particularly if they think you'll be noisy and attracting complaints to their office?0
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