Guarantor help.

AnotherJoe

Mojisola wrote: »

We didn't have to do all this when we were guarantors for our son.

Same for me, I was a guarantor and it was all done by fax, I wasn't even in the UK at the time!

Voyager2002

Dakota_Deville wrote: »

A rent "guarantor" is only accepted with the guarantor being present for the signature with their proof of id which is several documents and evidence of assets /income. I know this as I had to do this for my daughters private rental flat in Kent.

Those procedures ensure that the guarantor will be unable to "wriggle out of it" at a later date: evidently your daughter had a very cautious landlord. OTOH some landlords simply accept an address and a signature, and don't even check that the address is really that of the parent or supposed guarantor.

PeacefulWaters

Gaz83 wrote: »

You also need to prepare yourself for the possibility (however remotely) that your daughter has forged your signature.

But it's not a remote possibility. It's an odds on favourite. I suspect you were being polite!

not unheard of, there are countless posts on here where family members have forged signatures to obtain credit.

If that's the case, you have two options:

1) Acknowledge the debt as your own and repay it, or

2) Report your daughter for committing fraud.

There's option three which is to tell him that you didn't sign the form and have no liability. It's then up to the landlord to decide who / how to pursue the debt and report people to the police.

Gaz83

PeacefulWaters wrote: »

But it's not a remote possibility. It's an odds on favourite. I suspect you were being polite!

Absolutely.

PeacefulWaters wrote: »

There's option three which is to tell him that you didn't sign the form and have no liability. It's then up to the landlord to decide who / how to pursue the debt and report people to the police.

Yep, hadn't thought of that one.

Pixie5740

For the guarantee to be legally binding it has to be executed as a deed which means the guarantor's signature on its own is not enough it also has to be witnessed. The guarantor also has to see a copy of the tenancy agreement before signing the deed. Many guarantees are not set up correctly. Good news for the guarantor when the tenant is in arrears, not so good news for the landlord.