SMF - Just Installed!

Out of the loop and need advice

Started by deebs, September 06, 2016, 06:42:41 PM

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deebs

I have been a homeowner since the early 80s.  I last rented in the 70s.  I thought that it would be easy to rent short-term (6 months) whilst I search for my ideal home.  My house sale is due to complete soon and I will have over £230,000 in capital.  No letting agency will take me on.  I am offering the full six months' rental up front plus the fees and deposit.  I have offered to pay a landlord's letting insurance (for a full year).  Letting agencies won't give me the time of day.

My credit rating is OK (bearing in mind that I paid off my mortgage some years ago).  I can provide full ID and 33 years history at the same address, together with full character/professional references.  What I cannot provide is sufficient evidence of income (I am in my 60s and have been self-employed since the mid-late 1980s and my income in recent years has been just enough to get by).

The hurdles are now too high for me to jump.  Letting agent says six months' rental up front plus a homeowner guarantor earning in excess of £18,900 p.a.  For a six month rental??

Clearly I have lost the plot.  Landlords cannot consider me as a viable tenant.

I don't know where to go from here.  Any suggestions welcomed, please.

Hippogriff

Private Landlords, instead of Agents. Don't appear desperate. Problem, partially, is your £230,000 is entirely notional, until the time it's not.

deebs

Quote from: Hippogriff on September 06, 2016, 07:34:16 PM
Private Landlords, instead of Agents. Don't appear desperate. Problem, partially, is your £230,000 is entirely notional, until the time it's not.

Thanks.

I see where you are coming from.

How do I find a private let (200 miles from where I am now) in this Internet age?  Please.

Hippogriff

#3
You could go low-end, your circumstances are not wholly clear to me, if you just want a base of operations... less discerning Landlords, for obvious reasons. 6 months rent up front could be a new thing for them. I'd always envisage a couple of trips there, though. I had to do that several times (1998, 2000) when I had no mobile phone and no Internet... got on a bus and walked around the places. Can't imagine me doing it now, but I did it then.

Audrey Wright

Luckily, the Internet age provides with a bunch of places you can visit and try and snag yourself a landlord.

See this post - http://www.propertyinvestmentproject.co.uk/blog/a-list-of-free-websites-landlords-can-advertise-thier-btl/