Della&Gav

Credit Checks When Applying To Rent

5 posts in this topic

Hi

Me and my partner are hoping to rent in the new few weeks, my partner has a good credit record but I may have bad credit history due to credit card insurance I did not know I had taken out but will be paid off in full this week.

Other than that I do not owe any money, nor o I have any credit cards or loans in my name (but I do own a property with an ex partner, which he is paying for)

Me and my parter both work full time, do not smoke and have no pets, but we do have a 1 year old child and need somewhere to live asap, we cannot wait for our local council to offer a house, it has already been a year and still nothing so private renting is our only option.

I would really appreciate it if a landlord was able to reply to the following, but all replys are much appreciated :)

1 What credit checks are involved when renting?

2 If I have a CCJ will I not be able to rent?

3 If I have an over-draft will hat affect my chances?

we readily have all funds available - i.e deposit and holding fee, also month up-front, and we both earn a decent wage which means we have no problems affording rent, bills etc...

I hope someone can help as this is stressing me a little.

Thanks V much

Della

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Hi

Me and my partner are hoping to rent in the new few weeks, my partner has a good credit record but I may have bad credit history due to credit card insurance I did not know I had taken out but will be paid off in full this week.

Other than that I do not owe any money, nor o I have any credit cards or loans in my name (but I do own a property with an ex partner, which he is paying for)

Me and my parter both work full time, do not smoke and have no pets, but we do have a 1 year old child and need somewhere to live asap, we cannot wait for our local council to offer a house, it has already been a year and still nothing so private renting is our only option.

I would really appreciate it if a landlord was able to reply to the following, but all replys are much appreciated :)

1 What credit checks are involved when renting?

2 If I have a CCJ will I not be able to rent?

3 If I have an over-draft will hat affect my chances?

we readily have all funds available - i.e deposit and holding fee, also month up-front, and we both earn a decent wage which means we have no problems affording rent, bills etc...

I hope someone can help as this is stressing me a little.

Thanks V much

Della

Its all at discretion of the landlord. For instance I know people who have come back from abroad and have no (recent) credit history at all. In those circumstances they tend to ask for six months up front.

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Hi

Me and my partner are hoping to rent in the new few weeks, my partner has a good credit record but I may have bad credit history due to credit card insurance I did not know I had taken out but will be paid off in full this week.

Other than that I do not owe any money, nor o I have any credit cards or loans in my name (but I do own a property with an ex partner, which he is paying for)

Me and my parter both work full time, do not smoke and have no pets, but we do have a 1 year old child and need somewhere to live asap, we cannot wait for our local council to offer a house, it has already been a year and still nothing so private renting is our only option.

I would really appreciate it if a landlord was able to reply to the following, but all replys are much appreciated :)

1 What credit checks are involved when renting?

2 If I have a CCJ will I not be able to rent?

3 If I have an over-draft will hat affect my chances?

we readily have all funds available - i.e deposit and holding fee, also month up-front, and we both earn a decent wage which means we have no problems affording rent, bills etc...

I hope someone can help as this is stressing me a little.

Thanks V much

Della

I am not an expert!

But the LL will want to know you can pay and may want a reference from a bank; dear bank, does it look like they can pay, bank reply yes.

You can run your own check against Expedian? (for free I believe for one off or for short time period) check the website for details.

As SirSterling said, down to the LL, all they want is their money and if you seem like you can pay then fine, they don't want a void as they can never get that money back.

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Stay calm.

Only financial institutions registered with the Financial Services Authority (FSA), like banks, building societies or credit card companies can access your credit history, see how many credit cards you have, whether you are in arrears, have an overdraft, etc etc.

Agencies and credit reference agencies cannot, I repeat CANNOT access this kind of information, thank God. All they can check for is CCJ's, and your residential history (i.e. from the electoral roll for each year).

So, pay your CCJ if you can, otherwise come up with a decent story to tell a prospective landlord. But don't worry about the current or past state of your finances, because agencies cannot access this information. They imply to stupid landlords that they can, but they cannot.

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