hi i live in essex england and was wondering if thir is any companys about that maybe do finance for renting a property i mean which helps you to pay the deposit it and things
thanks
2007-01-03 00:20:29 · 4 answers · asked by Anonymous in Business & Finance ➔ Credit
Go to your local council as they may do a bond scheme that will pay your deposit and may contribute to your rent, other than that, unfortunately not unless you have a friend, relative or bank manager.
2007-01-03 00:33:57 · answer #1 · answered by voodoobluesman 5 · 0⤊ 0⤋
If you are claiming benefits, you can apply for a social fund loan for this purpose. You could also apply for a crisis loan. These you do not have to be claiming benefits. If you are anyone in your household is going to suffer undue hardship because of nowhere to live then apply. Be warned though, they are at the end of the financial year and funds can be limited. Appeal if this is the outcome. Some landlords, if approached in a sympathetic manner, may let you pay a deposit as you go along, a bit extra on the rent.
2007-01-04 00:57:53 · answer #2 · answered by charterman 6 · 0⤊ 0⤋
I don't think there's a specific company that would do this as they would have nothing to secure it on. Your best bet would be an unsecured bank loan, however you need to take a look at your finances and see why you need a loan for the deposit.
I suspect that if you can't afford the deposit then you won't be able to afford the rent on it.
2007-01-03 00:24:52 · answer #3 · answered by Natalie B 4 · 0⤊ 0⤋
If they do, it will be very expensive as its high risk. A deposit is supposed to reduce the risk for the owner, lending to cover a deposit is very risky for the lender.
Many unsecured loans do not ask why, maybe one of those would do for you.
2007-01-03 00:23:39 · answer #4 · answered by Michael H 7 · 0⤊ 0⤋