Originally Posted by BKWDR
Best thing to do is read the RIHL website from top to bottom , see what the eligibility criteria is and see what you have to do. 12 months savings, clean credit history, 10% deposit, 2x refusals from bank etc.
It doesnt matter if you are homeless or living with parents or even on the social housing list. Once you meet their criteria you will be underwritten like everyone else.
Also factor in legal fees, you will need a solicitor to do the conveyance , you will need a valuer to produce a report for the council.
Main thing is to lift the phone and try talk to the council to whom you are applying. Last thing you want to do is put an offer on a house and for your to stumble on something simple that was clearly stated.
I actually have nearly everything that's required, just waiting on the HPL1 Form to come back, have refusal letters, have the 10%, gift letter, P21's, I even hap hap statements for when we were renting, legal fees we were hoping to ba let save up while everything is being processed, even checked our credit with ICB, which is squeaky clean, only thing that's standing in our way would be the amount of time saving.
I've read this forum nearly completely, I'm on page 146 at the moment, so getting a lot of information, just haven't read about anyone in our predicament.
I suppose only thing to do is inquire, apply and hope for the best I suppose.
Thank you for the reply.