Six months behind on Rent?

Lizzie-S

Eeeeek, what a situation. Not gonna lie; I wouldn't be a guarantor for love nor money except for my children. Hope it's sorted. Basically though, when you're a guarantor; you sign for a loan and someone else gets the money.

Yorkie1

Lizzie-S wrote: »

Eeeeek, what a situation. Not gonna lie; I wouldn't be a guarantor for love nor money except for my children. Hope it's sorted. Basically though, when you're a guarantor; you sign for a loan and someone else gets the money.

Please engage brain. This is a rental situation and not a loan.

SpiritDrifter

I have asked my son to wright to the firm who let the flat and ask why he was not informed of missed payments, and that there is a limit as to what he can pay. Of course it will be well worded and probably advice will be taken from a solicitor.
Thank you all for your time and comments.

thelem

SpiritDrifter wrote: »

I have asked my son to wright to the firm who let the flat and ask why he was not informed of missed payments, and that there is a limit as to what he can pay. Of course it will be well worded and probably advice will be taken from a solicitor.
Thank you all for your time and comments.

That sounds very dangerous, as you're basically reminding the landlord that there are significant arrears and also suggesting that he may struggle to get them back from the landlord.

How many properties does the landlord have? If the landlord hasn't had problems with rent arrears before then they may be embarassed to chase for arrears. A letter from you may reduce that embarassment.

What was wrong with the tenant just continuing to pay back the arrears? Are you worried that won't continue and the arrears will grow further? When does the tenant expect to be up to date on the rental payments?

happycamel_2

But that's what we're telling you, there isn't a limit to what the guarantor has to repay, apart from the total amount owed by the tenant. He can't just invent a limit, especially not retrospectively.

Just get the tenant to clear the arrears ASAP and then ask for the tenant to send a monthly screenshot of their payment to the landlord to the guarantor. Then the guarantor can see that rent is being paid on time.

Dan-Dan

Lizzie-S wrote: »

Eeeeek, what a situation. Not gonna lie; I wouldn't be a guarantor for love nor money except for my children.

So , err , you would then?

SpiritDrifter

Lizzie-S this is for family and my son thought this would never happen and that goes for me as well, but its happened (very close family).
Maybe you wouldnt want to say no but.. you can ask to re-sign 6 monthly make sure all payments are up to date before you do. Make sure they insure the dwelling, cover your self its all on your head as we have found out. Its a very unpleasant situation.
We are trying to untangle the whole thing by getting ad vice here its been a help.

angelsmomma

SpiritDrifter wrote: »

Lizzie-S this is for family and my son thought this would never happen and that goes for me as well, but its happened (very close family).
Maybe you wouldnt want to say no but.. you can ask to re-sign 6 monthly make sure all payments are up to date before you do. Make sure they insure the dwelling, cover your self its all on your head as we have found out. Its a very unpleasant situation.
We are trying to untangle the whole thing by getting ad vice here its been a help.

What do you mean by that, you can't just ask to re-sign 6 monthly.

Once you become a guarantor you stay a guarantor unless the landlord releases you or your family member ends the tenancy.

My advice is don't write to the landlord it will just bring it to his notice. Get the tenant to pay off the arrears as quickly as possible. If the landlord notices this it could cost your son a lot more that the £3000 arrears.

Thrugelmir

SpiritDrifter wrote: »

The tenant hasn’t received any warnings and my son has heard nothing.

More likely the tenant has. The guarantor is only there as a backstop. So won't be informed of all events.