credit rating

credit rating

Renting with an IVA: is it possible?

21 February, 20170 Comments
An Individual Voluntary Arrangement is a legal agreement between someone who owes money and their creditors. Designed to help those in financial stress, the agreement involves forming a binding contract to enable the recipient to pay off some or all of the money at an agreed amount per month. It will affect your credit rating
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ICO say Social Landlords need to do more to protect tenants’ sensitive data

24 February, 20140 Comments
A recent report by the Information Commissioners Office has found that social landlords need to do more to protect their tenants’ data. Based on the findings from 9 visits and 4 audits of Housing Associations and “Arm’s-length management organisations”, the ICO found that social landlords need to improve their policies and procedures regarding data sharing,
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A Christmas Greeting from Newham Council…oh, and a £20k fine

16 December, 20130 Comments
In a time of goodwill to all men, this week final warning letters will be sent to those landlords in Newham who have not yet registered for the UK’s first mandatory licensing scheme, and those that fail to comply face fines of up to £20,000. In May 2013 nearly 30,000 applications had been made for the flagship
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Homeless charity to trade tenants personal data [UPDATE]

13 November, 20130 Comments
By year end Experian plan to include 600,000 rental records, via social housing providers who’s tenants have paid late, that lenders will have access to from next year. Landlord Referencing Services has been including late rent payments, as well as any property damages incurred throughout each tenancy, via our unique Lifestyle Referencing Reports for nearly
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Tenants guarantors and their responsibilities

29 August, 20130 Comments
As tenant referencing has become more widely used, landlords have become more accustomed to using guarantors when the tenants reference report come back with concerns, rather than reject the application altogether the landlord or letting agent may ask for a guarantor. Typically this is a relative of close family friend – someone who wants to
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Do debt recovery agencies have a duty to be more thorough ?

23 July, 20130 Comments
This morning there was an interesting segment on BBC Two which raised some important questions for us all regarding the way our personal information is being gathered and used. “Don’t Get Done Get Dom” helped a man restore his credit rating after being chased for thousands of pounds worth of someone else’s debt, over 8 years.
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Homeless charity to trade tenants personal data?

10 May, 20130 Comments
Today it has been revealed that social landlords are planning to hand over rental payment data to a credit ratings giant, in an attempt to help social tenants build their credit histories and access more affordable housing. Later this month Experian and the social investment arm of The Big Issue “Big Issue Invest” will be
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Exodus of homeless families expected, as ‘Social-Cleansing’ continues

05 November, 20122 Comments
A recent survey has revealed that councils are acquiring properties across the UK for vulnerable families, due to welfare cuts and high London rents. The Guardian research shows that London councils have acquired rental properties in Luton, Northampton, Broxbourne, Gravesend, Dartford, Slough, Windsor, Margate, Hastings, Epping Forest, Thurrock and Basildon, and are considering accommodation as
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