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Student house share agreement
lizfoulsham
Posts: 2 Newbie
My daughter has not been able to return to University this year. She signed up last February, with me as guarantor, to a house share. We now find ourselves seemingly unable to find a replacement tenant & facing the rent until next summer. It is a joint tenancy with the 3 other girls.
Does anyone know if there is any way out of this?
Does anyone know if there is any way out of this?
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Comments
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Has term even started yet? Seems a little early to worry.0
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She signed a contract with a landlord. He is entitled to rely on that contract!
If he had suddenly said "Yes, I know I signed it but you can't live there after all" you'd be pretty miffed!
Additionally, you undertook to guarantee her contract. So, let me see, that means you agreed that if she defaulted in any way, you would pay.
The solution is to reach an amicable agreement with the landlord. You'll need to
a) discuss openly with him and
b)probably offer an incentive(eg to pay his re-marketing costs)
A complication may be the type of contract she signed: was it a sole contract (just her name on it)? Or a 'joint and several' contract(names of ALL the people in the houseshare on one contract)?
If the latter, the other residents will need to agree any new tenant.0 -
Any reason why she can't find a substitute tenant? Seems the most reasonable solution and one the other students should agree to to avoid themselves falling into arrears on the rent if she and you refuse to pay the rent.
Another option is for your daughter to live in the property and get a job to pay for the rent.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
It is a joint tenancy, she cannot live there as she has now enrolled on a new course 200 miles away. There seems to be many rooms available in the area, and term started a couple of weeks ago. It is not very hopeful it would seem, as I expected!0
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