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  • FIRST POST
    • Loopy3585
    • By Loopy3585 12th Aug 18, 12:27 PM
    • 2Posts
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    Loopy3585
    Housing Association - affordability check
    • #1
    • 12th Aug 18, 12:27 PM
    Housing Association - affordability check 12th Aug 18 at 12:27 PM
    Hi

    Ive bid on a property via a council choice based lettings scheme and it says offer will be subject to affordability check. Does anyone know what this check entails?

    If it helps the housing association is Thrive Homes, Ive looked everywhere on net but cant find what Id need to produce or what checks they do.

    Thanks in advance for any help
Page 1
    • cattie
    • By cattie 12th Aug 18, 12:36 PM
    • 7,778 Posts
    • 5,305 Thanks
    cattie
    • #2
    • 12th Aug 18, 12:36 PM
    • #2
    • 12th Aug 18, 12:36 PM
    It would be an income & expenditure check to be sure you can manage the rent payments.
    The bigger the bargain, the better I feel.

    I should mention that there's only one of me, don't confuse me with others of the same name.
    • Loopy3585
    • By Loopy3585 12th Aug 18, 1:02 PM
    • 2 Posts
    • 0 Thanks
    Loopy3585
    • #3
    • 12th Aug 18, 1:02 PM
    • #3
    • 12th Aug 18, 1:02 PM
    Hi

    Thanks for your reply, so theyd need details of my wages and child benefit (dont get any other tax credits benefits etc) and then information in regards to any debts I have?

    Thanks
    • HampshireH
    • By HampshireH 12th Aug 18, 1:58 PM
    • 842 Posts
    • 904 Thanks
    HampshireH
    • #4
    • 12th Aug 18, 1:58 PM
    • #4
    • 12th Aug 18, 1:58 PM
    Yes they would. Works to also rule out people who can afford alternative accommodation
    • deannatrois
    • By deannatrois 12th Aug 18, 2:36 PM
    • 5,534 Posts
    • 7,772 Thanks
    deannatrois
    • #5
    • 12th Aug 18, 2:36 PM
    • #5
    • 12th Aug 18, 2:36 PM
    Could you phone and ask tomorrow?
    • PersianCatLady
    • By PersianCatLady 14th Aug 18, 12:07 AM
    • 478 Posts
    • 459 Thanks
    PersianCatLady
    • #6
    • 14th Aug 18, 12:07 AM
    • #6
    • 14th Aug 18, 12:07 AM
    Hi

    Thanks for your reply, so theyd need details of my wages and child benefit (dont get any other tax credits benefits etc) and then information in regards to any debts I have?

    Thanks
    Originally posted by Loopy3585
    Do your wages and CB go into a bank account??

    If so, you could use a few months' bank statements as proof of these payments.
    • luvchocolate
    • By luvchocolate 14th Aug 18, 9:13 AM
    • 1,598 Posts
    • 1,449 Thanks
    luvchocolate
    • #7
    • 14th Aug 18, 9:13 AM
    • #7
    • 14th Aug 18, 9:13 AM
    When I was offered a housing association property I was asked for 3 months bank statements, I had been paying 450 a month in private rental so 320 in the new property was affordable.
    • macman
    • By macman 14th Aug 18, 9:31 AM
    • 42,249 Posts
    • 17,642 Thanks
    macman
    • #8
    • 14th Aug 18, 9:31 AM
    • #8
    • 14th Aug 18, 9:31 AM
    Credit check?
    No free lunch, and no free laptop
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