4 years ago | 21 comments
Hello, We rent a house to a young family who have been tenants for 2 years. At the time we asked for a guarantor, which they were happy to provide by way of a family member.
The tenants are now saying that they have had a fallout with the guarantor and would like them removed from the agreement.
They have said they’re happy to provide a new guarantor if necessary.
We would like to keep a guarantor as extra security in these ‘financial crisis’ times, especially as only one of them are now working as the wife has decided to give up her job to be a full time stay at home mum.
I would like to know if it’s just a simple procedure of referencing a new potential guarantor which would then replace the previous one, or if it’s a bit more complicated?
Thank you,
Ashleigh
14 comments on this article
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Member Since May 2022 - Comments: 56
3:27 PM, 18th July 2023, About 3 years ago
Reply to the comment left by Chris @ Possession Friend at 10/07/2023 – 21:40
Hi sorry took time getting back . So am confused by my guarantor status so the tenant signed her agreement for 6 months so Dec 19/12/2016to 19/06/17 then tenant was asked to go in and resign a new tenancy starting 19/06/17-19/06/19 ( fee of £50 was charged to tenant as a resign fee ) she stayed at the property till she was evicted for rent arreas which was done through the courts am thinking my guarantor liabilities ended when a new tench started any advice would be appreciated
Member Since May 2016 - Comments: 1587 - Articles: 16
5:13 PM, 18th July 2023, About 3 years ago
Reply to the comment left by Noseyrosey at 18/07/2023 – 15:27
Your welcome to contact – email us for free bespoke advice via a telephone call.
Member Since May 2022 - Comments: 56
5:44 PM, 18th July 2023, About 3 years ago
Would appreciate tha what’s your contact details?
Member Since May 2016 - Comments: 1587 - Articles: 16
9:30 PM, 18th July 2023, About 3 years ago
Reply to the comment left by Noseyrosey at 18/07/2023 – 17:44
They’re on our web site, [email protected]