PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Renting Gurantor

CornishPidge
CornishPidge Posts: 21 Forumite
in House buying, renting & selling
Im applying to rent a house and will need a gurantor. I have someone who has agreed to do it and earns the correct money. However there self employed and have been for many years. Will this still be ok and also what documents does a gurantor need to supply.

Thanks

Comments

  • may_fair
    may_fair Posts: 713 Forumite
    CornishPidge wrote: »
    Im applying to rent a house and will need a gurantor. I have someone who has agreed to do it and earns the correct money. However there self employed and have been for many years. Will this still be ok and also what documents does a gurantor need to supply.

    Thanks

    Is the prospective guarantor a home-owner? (this would help)

    If he is self-employed then, as LL, I would want to see his accounts for the last three years proving his income.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Plus of course he'll problobly be credit checked to ensure he has no CCJs or bankrupcy etc.

    Does he fully understand the commitment he is making? It is a serious one.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture