CAN I STILL RENT PROPERTY IF I AM UNDER DEBT REVIEW?
Basically, yes you can. As debt review is not a credit agreement itself, clients can still rent property while under the process. Your debt counsellor can provide your landlord or letting agent with proof of budget and allowance for the rent amount, which most agents accept. This allows your counsellor to best fulfill their budgeting duties while ensuring you do not stretch your finances too thin. Renting a property is still perfectly possible while under debt review, just be sure it won’t send you past the tipping point.
DEBT REVIEW
Why choose debt review
Afford your monthly living expenses.
Pay lower monthly installments.
Consolidate your monthly payments.
Protect your assets from repossession.
Stop creditors from harassing you.