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 What is the figure for "reasonable" rent
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t.b
Starting Member



5 Posts

Posted - 01 December 2008 :  17:04:10  Show Profile  Visit t.b's Homepage  Reply with Quote
What is the figure for "reasonable" rent that the Offical Receiver will allow. I have moved in with a friend as my house was included in the bankruptcy. They are moving after Christmas to a larger property and have indicated that my rent will increase.

John
New Member



United Kingdom
73 Posts

Posted - 01 December 2008 :  17:10:27  Show Profile  Reply with Quote
Hi

what is the size of the property and how many will occupy it?

www.Bankruptcyhelp.org.uk
0800 078 9367
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t.b
Starting Member



5 Posts

Posted - 01 December 2008 :  17:12:06  Show Profile  Visit t.b's Homepage  Reply with Quote
quote:
Originally posted by John

Hi

what is the size of the property and how many will occupy it?

www.Bankruptcyhelp.org.uk
0800 078 9367



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t.b
Starting Member



5 Posts

Posted - 01 December 2008 :  17:14:42  Show Profile  Visit t.b's Homepage  Reply with Quote
It is a large house and I will have my own bedroom and own bathroom. I am paying £650 at present but it will increase.

It could go as high as £950 as I will have my own annex. They will include most outgoings in this with the exception of my food and personal shopping.

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John
New Member



United Kingdom
73 Posts

Posted - 01 December 2008 :  17:25:57  Show Profile  Reply with Quote
Hi

as £950 will in many areas secure a 4 bed detached for a family of 4 to 6 I would guess the OR is going to take the view that your rent is already too high even when most utilities etc are included.
Particularly if you are a single occupant.

www.Bankruptcyhelp.org.uk
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t.b
Starting Member



5 Posts

Posted - 02 December 2008 :  08:39:48  Show Profile  Visit t.b's Homepage  Reply with Quote
Many thanks,

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pix1
Average Member

689 Posts

Posted - 02 December 2008 :  15:17:42  Show Profile  Reply with Quote
I don't know if the OR can make you move to a cheaper area or to move out of family accommodation. If you are single and the annexe is for single occupancy you might be alright. It might, however, be necessary to prove the rent with a rent book/agreement and evidence of payments to your landlord, perhaps even a letter from your landlord to the OR. The OR would look at the area you are living in and whether it is a proper market rent for such accommodation in that area. I would investigate this thoroughly as it might be possible to go ahead with it.
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Robin55
New Member



United Kingdom
66 Posts

Posted - 02 December 2008 :  16:42:47  Show Profile  Reply with Quote
I will be in a similar situation although I cant really class mine as rent...

I am leaving my mortgaged property to move in with my partner who owns a detached bungalow. His mortgage alone is £1200 a month and I will certainly be wanting to pay my way, so I will be looking to half the bills and pay around £500 towards the mort. All in including food it will add to around £950.

Does anybody know if this is acceptable in the view of the OR. I desperately dont want them to force my outgoings down and force a payment order on me...

RB
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t.b
Starting Member



5 Posts

Posted - 02 December 2008 :  16:56:13  Show Profile  Visit t.b's Homepage  Reply with Quote
Does anyone know where we can find the figures for living costs? What can be claimed and at how much.

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Needafriend
Junior Member

United Kingdom
344 Posts

Posted - 02 December 2008 :  20:32:17  Show Profile  Reply with Quote
Hi TB

Have a look in my blog i have info their.



Jo
x


For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
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Needafriend
Junior Member

United Kingdom
344 Posts

Posted - 02 December 2008 :  20:35:51  Show Profile  Reply with Quote
That link is:


http://www.insolvency.gov.uk/freedomofinformation/technical/TechnicalManual/Ch25-36/Chapter31/part7/part2/part_2.htm

open this then click on household expenditure sheet.

This is a little out of date but can be used as guidance.

Also have a look at this old thread it may help also:

http://www.bankruptcyhelp.org.uk/forum/topic.asp?TOPIC_ID=100


Jo
x


For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!

Edited by - Needafriend on 02 December 2008 21:10:07
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