What are the benefits to a Landlord of accepting a Rent Guarantor service?
When you let a property you must consider the risks. Therefore you might ask your tenant for a guarantor. Unfortunately, some tenants from the UK or from abroad are not able to provide a guarantor to secure the tenancy agreement.
As an accommodation provider/letting agent/landlord, here are the benefits of using a Rent Guarantor service:
- You access a qualified UK-based Guarantor free of charge
- Default financial risk is covered
- You will reduce default administration cost