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Guarantor

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206 views 1 replies latest reply: 14 April 2016
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Tenant

I am looking for a new house to rent with another person. Both our income will be in excess of £22,000. I have been told that as my income is for self employment, I will need a guarantor.

Can I use a member of my family? And does anyone know if a £750 per month rent is out of our league?

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Agent

Hi Lindy,

Check with your agent/landlord as they will usually have requirements fir a Guarantor.

For example, at my company, they must be a UK citizen, resident here, in full time employment. Ideally we require them to be a property owner here (if possible) and prefer them to be family.

Given the rent level, this should be quite easy to satisfy- as long as you have someone suitable willing to make this commitment for you.

Hope that helps.

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