What information should a tenant provide to their potential guarantor?

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A guarantor is often requested by landlords to ensure the rent is paid. In other words, it is someone who will pay the rent if the tenant is not able to do so. 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 ... Sep 8, 2022 ... The clue is in the name: a guarantor is in place to guarantee that the landlord will receive their rental income. If the tenant doesn't pay the ... 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 ... Aug 12, 2024 ... You might need a rent guarantor if either your credit score is low, you have a limited rental history, or your income doesn't meet the ... Most landlords typically require a guarantor to have an annual income of at least 40x the monthly rent. Private guarantors will go through the same referencing ... Co-signers (Guarantors). If you do not have a rental history, or have poor credit, you may need to have someone sign as a guarantor on your lease. Aug 29, 2019 ... Don't do as these answers say and offer a bigger deposit instead, etc, just go to one that doesn't want a guarantor. A guarantor will be required to do these things: · The individual's identity · The property to be let · Guarantor's personal details · Residency information, ... Jul 3, 2023 ... ... guarantor can help strengthen your application. The guarantor will need to provide documents such as proof of income, identification, and a ...
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