Renting after an IVA

milliexxx

Hi,

I hope someone will be able to help. In 2017 I got into an IVA after raking up a hefty debt on multiple credit cards (I was very young and naive). In 2019 I was able to complete my IVA early and have been debt free ever since. I have not missed a payment for anything since the end of 2016.

I am currently living with my parents and am looking into renting a property, however, my IVA will be on my credit record until January 2023 even though I have completed it.

What are my options with renting? Do you think a potential landlord would be more willing to let me rent their property if they know I’ve completed the IVA or will I be rejected because it’s still on my financial record?

Thanks so much for your help

MrFrugalFever

I went in to a rental agreement during my IVA. My IVA didn’t necessarily affect it as such but I did have to have a guarantor on the agreement, I believe the landlord is entitled to know your credit history and is made aware of any current or previous IVA’s if sat on the credit report.