UK loans for private and council tenants – bad credit loans for tenants
Information on loans for tenants renting from private landlords.
A private tenant is somebody who rents a property from a private landlord and is not a home owner. The private landlord could be your employer, government body such as the Ministry of Defence, or an increasing number of individuals who buy property to let for investment purposes. The type of property a tenant could be renting may be a detached or semi-detached home, flat, apartment, bed-sit, maisonette or even a mobile home. You can apply for a private landlord tenant loan today.
Some private tenants may find it difficult to obtain a loan because they have no assets or property to borrow against. Also, there are a few companies who will view private tenants, regardless of credit ratings, as a higher risk for loans and will either refuse loan applications, impose strict lending requirements, or demand higher rates of interest.
Depending on your circumstances consider choosing private tenant loan companies who understand your needs and who offer loans to private landlord tenants for most purposes, including cars, holidays and business set-ups. There are companies who can tailor private tenant loans to those with a bad credit history, county court judgments (CCJ’s), defaults or arrears on store or credit cards and previous unsecured loans. Even if you are unable to prove your income easily because you’re classed as a self employed private tenant, there may be a loan company who can meet you needs.
Please Note! YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT. ALL SECURED OR UNSECURED LOANS ARE SUBJECT TO STATUS. SECURED LOANS ARE SECURED ON PROPERTY.
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