Do I need good credit to rent a flat?
Tuesday, July 6th, 2010 at
5:11 pm
Real Estate Professionals
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Filed under: flat rent back
If your credit history shows late payments or too much debt for your income then yes. A landlord needs to know you can afford to pay the rent and not cheat him
If you were delinquent on those debts, it could go against you.
As long as you’re keep paying your credit cards on time, you wont have a problem, because it means you’re a credit worth person.
Not really but if the landlord runs a credit check he may request a larger deposit or rent in advance
YEP
Different Landlords have different standards.
If you are current on your accounts, no delinquency, and have a good credit rating, then the mere fact of these debts will not disqualify you. Particularly if you have a good rental history.
Since you are applying to rent as opposed to credit it is unlikely to affect your application. The agent or landlord can, with your permission, carry out a status enquiry with your bank. This will show if you can afford the rent and likely outgoings based on your current account history. A credit check per se is just not relevant.