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.
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.
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.
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...
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!
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