#BeOurGuarantor: copy for all university websites.
Copy and paste the information below to your central accommodation page and to any page signposting estranged and care experienced students to support. When you’ve added this information to your website, tweet the link to the page with the hashtag #BeOurGuarantor, we’ll share!
What is a rent guarantor?
Most landlords, including private accommodation providers that rent properties to students, require a third person to act as a ‘guarantor’ before a tenancy agreement can be completed.
A guarantor is a third party, for example a family member, who agrees to pay the rent if for any reason you as the tenant cannot. In some cases a guarantor is also liable for other costs that might be incurred, for example any damage to the property that happened whilst you were living there. Agreeing to be a guarantor is a binding legal commitment, and landlords can take legal action against your guarantor if the rent, or other costs, are not paid.
Check if you need a guarantor for student housing that you are interested in and be sure to get this in place before you start.
Who can act as a rent guarantor?
A person acting as a guarantor would normally have the following credentials:
• UK individual citizen – to enable a landlord to pursue action through the UK court system if required
• Solvent – credit checks may be taken to assess ability to meet any potential liability