As most young people have not been able to establish a credit history or references from previous addresses we ask that they have their obligations guaranteed by their parents or guardians.
All student tenants must have their individual obligations guaranteed before they can move into a property. This means that, as part of the tenancy paperwork, each tenant will be sent a guarantor form to collect this information.
As guarantor you should read the tenancy relating to the agreement before signing. We are happy to email a copy of the tenancy to you if requested.
The tenants' obligations include but are not limited to payment of rent and any wilful damage caused to the property or any furniture provided by the landlord; further obligations are detailed in the tenancy.
To ensure guarantors would be able to honor the agreement in the event of a default by the tenant we will run a credit check using the information provided. If for any reason the guarantor fails the credit check we will provide alternative options to the tenant of either providing an additional guarantor, paying a larger retainer or paying all rent up front.
As part of the credit check we need to verify the guarantor's identity so require some identification (either a passport and proof of address or a photo card driving licence). Guarantors must have proof of residency in the UK.
Our standard process is to ask tenants to provide a UK-based guarantor, who passes a credit check.
We realise that this isn't always possible, so students from overseas can also choose to pay their rent upfront, or use Housing Hand.
Housing Hand is a company that will act as a UK guarantor for International students. The service charges a one-off fee when you apply and will act as your UK guarantor for 12 months. For more information, see their website: www.housinghand.co.uk.