Being a Guarantor for my Ex!

florence4

I considered doing this, twice, at the ends of two relationships, for the fathers of my two children.

I haven't read all the details of your proposed plan/offer, because basically what I discovered was that you can't legally limit your liability if you act as guarantor. Ther is no way of avoiding risk in this situation; I think it essentially comes down to trust, and your sense of personal responsibility.

With one ex, I decided I trusted him, so paid his deposit and signed as guarantor. At the end of his tenancy, I got about 70% of the deposit back - minus deductions for wear and tear.

With the other ex, I decided I didn't trust him, so did not act as guarantor, but 'lent' him money for the deposit. I told myself (but not him) that this was a 'gift', and that I shouldn't count on getting it back. I was right: he wasn't trustworthy, and I didn't get it back.

My dad used to say "Don't lend what you can't afford to lose". I think that's good advice.

Good luck with it. Living together under these circumstances must be very stressful.