Homeless because of bad credit?

[pinnjnnn]

I can't find anywhere that will rent me a house as I have bad credit and fail the credit checks
I work but my credit history is bad.
Nobody I know owns property so can't be a guarantor
What am I meant to do?
I'm gonna have no where to live
Can these letting agents do this?

Plus your regular debt payments, plus petrol costs, furnishings, deposit, clothes ....

And how do you intend to pay even that much if you are on maternity leave?

After tax £1,180 monthly

Council tax here is about £95-£100 a month

@pinnjnnn you hadn't provided the amount of rent that the said property was. I explained in my first post that I was basing it on the average rental cost of a private 2 bedroom flat in my area.

By your calculations you have £412 living costs but you also have to factor in the £270 car insurance and finance you pay monthly and the £200 towards CCJ's which takes it up to over £800 a month in outgoings for yourself.

@NotScrewingUpNow yes it has to be learnt but surely if you're seriously looking at living independently you should be looking into the costs associated and learning then?

So many people on their high horse.
How does loosing a job and falling behind lead to being a terrible mother.

I posted a pic of the property with the rent per month details

I'm going to be in exactly the same position with money.

No, you’re not, because your endgame seems to be to have a baby ASAP. Do you have any clue just how much that’s going to cost? Even if you qualify for tax credits, your are then going to be utterly shackled financially. You don’t sound the slightest bit mature enough at the moment. The fact that you referred to a poster as a ‘moron’ for questioning your current position/plans speaks volumes.

The problem is you need savings to move even to a rented place. Agency fees cost me nearly £400 plus a months deposit and in my case, 6 months up front because of my partners bad credit. I'd spent thousands before even getting the key! I would check that you can even save that much between you before trying to rent and if not, come up with a plan on how to as well as clearing the debt.

Either way, you're not going to be accepted for rental so the only option you have is to have your partner take out the tenancy.

If he is self-employed he will likely need a guarantor though. They also ask for a guarantor if you do not earn a certain amount x the rent each year (eg. They require you to earn 15xannual rent yearly).

Also the fees associated with private renting for moving in are crazy.

You're looking £1500 - £2000 upfront before you move in.

They charge: security deposit, 1 month rent upfront, reference costs, tenancy agreement costs, guarantor costs (if you have to have one).

It's disgusting to be honest but the charges are there.

Do you honestly think every person who has a baby is ever 100% sorted either financially or mentally etc
I'm not waiting 5 years to have a baby because I fell behind with some stupid catalogue and credit card years ago .

I am going to look into housing associations as I think that's my best bet in regards to all these deposits etc.
Hopefully they will help us.

Credit ratings are hard; and they've changed a lot in the last year or so.

To be honest; with Welcome Finance at that huge interest rate on your credit file, you'll worry some mainstream lenders already.

Unsettled CCJs are a massive, massive red flag; and are almost insurmountable. You would need to settle them; and even then most places are going to likely want to let a bit of time pass. Settling them would also mean you have less credit out; which is a good thing.

Did you say three defaults too? Are they single defaults of a month; or ongoing? I'm guessing these are all now showing as in an agreement to pay? That's going to be killing your credit record too; because it means you're not paying the minimum.

You won't pass a credit check like that. You can't. Your credit record is screaming that you cannot meet your current obligations. If you want somewhere to live and a family; you have two options:

1. Stay with your parents; pay off your CCJs so they are fully settled. Minimise all other outgoings. All spare money goes into the debts. Look into cancelling your settlements and either paying minimums or offering reduced settlement amounts. Take proper advice on those first. This will put you in the best position to pass a credit check as quickly as possible.

Or;

1. Boyfriend gets a flat in his name. You agree a contribution. Keep paying off debt as quickly as you can. You can't take maternity until you can service your debts; so you'll still need to work towards that. You move out; but you'll just be living with him like you are your parents - it won't be 'yours', because you can't afford it yet.

Getting pregnant to be housed is not a good idea. Housing is a lot shorter than it was when that worked; for better or worse. You'll be put in a B&B somewhere; you get no control over where you are, and your partner won't be able to move in with you - he'll be expected to provide for you and his baby; as he's employed. One of the people I helped through the process here had to spend 12 nights in a Salvation Army; with no visitors, to ensure she really had nowhere else to go - and then was moved to a B&B two hours away. She had no friends or family in that area and found it hard. She was given a flat closer to here; coincidentally, but lost it when the council found out her employed boyfriend was staying with her enough to be classed as living there.

Do you honestly think every person who has a baby is ever 100% sorted either financially or mentally etc

Of course not, but that doesn't mean you should try for a baby while you still live at home and have considerable debts

People, just don't bother. OP is obviously not listening to any advice here.

pinnjnnn are you local to the area of the house you posted? If so you'll know it's really not a great area to live, it's not somewhere I'd choose to bring up a child and I live about 5 miles away from it.

Yea you COULD afford these things, but if you throw every spare penny you have at clearing the debt now - in 1.5-2 years you'll have more spare and be able to afford something more long term.

If you are local, there's plenty of bars and hotels looking for PT staff, if you could take something like that on top of your current role you could really clear those debts quicker.

People, just don't bother. OP is obviously not listening to any advice here.

Seconded. Wish I hadn't bothered now.

I would always pay my rent which is the frustrating thing.

Three CCJs and three defaults would suggest that you wouldn't.

How are you going to pay your half when on maternity leave? How will you afford the childcare when you return to work?

In your position I think you need to save for a number of years before you try for a baby.

Do you honestly think every person who has a baby is ever 100% sorted either financially or mentally etc
I'm not waiting 5 years to have a baby because I fell behind with some stupid catalogue and credit card years ago .

That is why people are questioning your ability to become a parent right now, not because of your financial situation.

I agree that there is rarely a perfect financial time to have a child. I certainly wasn't in as good of a position as I would have wanted to be however, me and my partner had been living together independently for a while and didn't have any substantial debt. We had a credit card each which we we comfortably paid £100 a month off (much more than the minimum payment) and my OH had car insurance.

You have no idea how expensive a baby is before they're even here and not only that, you don't have any experience of managing a household. Surely you can see that the sensible thing to do before having a child is to live independently and learn to run a household and assess the situation? Money doesn't make a child happy and you don't need to be rich but you do need money to cover the basics. When you go on maternity, your pay is going to be cut drastically. Most likely by half (look up SMP and what you'd be entitled to) but your bills would stay the same and you'd have a child to care for.

A lot of people have children without being financially stable but you do at least need somewhere stable to live and CCJ's make that near on impossible. My partner has one which is 5 years old, settled and for less than £400 and we are stuck where we are until it's off his record next year. It terrifies me that the landlord will sell before that time and then have the hassle of having to try and get someone else to give us a place.
If you had a child, you need to think about that.

I am local to the area yeah ..I'm currently about 3 miles from particular house area.
I know it's not the best area,it's just a good price.
I wouldn't say my debts are considerable tbh
Nobody here with children owe any money?