What happens if the tenant has a good payment history?

Jul 13, 2023 ... The need to provide a rent guarantor is coming to the fore at the ... The result is that landlords can pick and choose tenants - why would they ... Feb 29, 2024 ... Technically, however, a guarantor is responsible for stepping in and paying rent if it's unpaid, while a co-signer may be added to the lease as ... Dec 27, 2024 ... Allow me to examine more closely. Can a guarantor be anyone? Selecting a guarantor requires knowing the criteria and expectations landlords have ... A guarantor does not need to be related to the tenant, but they must meet ... A guarantor must provide the same documentation as tenants even when applying as ... Dec 6, 2019 ... Do I need a rent guarantor if I'm self-employed? · At least 6 months of personal bank statements · At least 1 month of business bank statements · A ... Aug 4, 2023 ... Typically, a guarantor is expected to have a credit score of at least 700 and an annual income of 80-100 times the monthly rent, even if they ... Jun 2, 2021 ... That's someone who guarantees payment on the lease if you can't come up with the cash. The person doesn't need to be a relative, but they generally need to ... A guarantor/co-signer may be required for the lease. ... First month's rent, last month's rent and security deposit equal to not more than one month's rent could ... Oct 4, 2022 ... The official rule is that a landlord can't ask for a guarantor from just some applicants and not others since that would be discriminatory. They ... ... landlords and renters in residential and commercial leasing. See what we can do ... Need help qualifying? See if your building works with us. Address. Unit.