hi, although me and my husband are in negative equity with house and secured loans, we have come to the decision that we would prefer to let a property, and are hoping the credit check comes thro before the court date on tues! would u recommend going for a cheaper rent to ur mortgage or similar costs to increase ur outgoings? is it liekly that we tell letting agents we are bankrupt that we can get a property thro them? very rarely see properties advertised privately. have heard both opinions. regards S x
Hii there is no doubt that it's easier to rent a property before rather than after BR. The property should befit the size of your family but there's no problem going for a nicer, perhaps more expensive, area.
Thanks again John, You are a star!! I saw a property a few weeks ago, but as i was unaware of this website, and, because my husband wanted to wait til we saw CAB debt expert (who by the way didn't know very much and made us completely confused at one point). therefore we lost the time to get the property and prior to defaulting on bills!! due to find out in the morning whether we have 'passed' the credit check prior to the bankrupcy at 10am-that's what i call cutting it fine!! fingers crossed S x
letting agents and bankruptcy ?
Posted - 13 October 2008 : 10:55:13
