For many of you renting a student house will be the first property that you have ever rented. As a student you are also likely to have a poor or non-existent credit score, and due to this most of our landlords ask for each of their tenants to provide a UK based guarantor.
Not only does a guarantor protect you in the event that you can’t pay your rent they also help protect the whole group. As you will be signing a joint contract each of you is technically responsible for the entire rent on the property. By each providing a guarantor you double the number of links in the chain and protect against having to pay out for your housemate’s portion of the rent.
What makes an acceptable guarantor:
- Must be a close relative
- Must have a UK address
- Must undertake and pass a credit-check with Experian
- Must be happy to sign our guarantor form. You can find a sample guarantor form on our downloads page.
If you are unable to provide a guarantor please let us know alongside filling out your application form. Some landlords may be willing to agree to terms without a guarantor if you are willing to pay some rent upfront.