Everything You Need to Know About Being a Guarantor

Guarantor rental contract being signed

When renting a private property or a room in a house the prospective tenant may be asked to provide a guarantor. This is someone who is legally responsible for the rent if the tenant doesn’t pay, or for any damage that occurs during the tenancy.

In this blog, we’ll look at why landlords ask for a guarantor and the things to consider if you are asked to be one.