Rent Guarantor - How Does It Work?
One of the biggest problems tenants face when renting a property is not having a Guarantor. The Landlord/Estate Agent will usually ask for a UK-based Guarantor when you rent a property - this is usually a homeowner who earns over a certain amount of money who will be liable for your rent in the event of a default. If you are unable to find a Guarantor, the Landlord/Estate Agent may ask you to pay 6-12 months rent in advance to secure your property, which most people are unable to do. Even if you do pay rent in advance, you may still need a UK-based Guarantor.
If you are in this situation, we can be your Guarantor so that you can avoid the costly up-front months of rent and just pay your rent monthly.
Starting at just £249, our application process is simple:
Apply - Fill in the online application form
Assessment - We’ll give you a quote instantly and have a member of the team on hand to guide you through the next stages.
Decision - Once you are pre-approved for the service, we will ask you for the property details and someone we can contact if we are unable to reach you.
Landlord - We will contact your Landlord or Estate Agent to confirm they're willing to accept us as your Rent Guarantor.
Payment - Once all the paperwork is complete we'll send you a secure payment link so you can pay your fee online when it's convenient for you.
Guarantee – We will act as your UK Guarantor, so you can pay your rent monthly.