Can you still get refused even with a guarantor?

Getoutofdebt11

Hi,
Thanks in advance for any help anyone can offer. We have a bit of a situation and I am just cautious on how we would go about this in order not to lose out on a lot of money!!

We are currently tenants in a flat that our landlord has served notice on. My partner is named as the tenant holder and I am a permitted occupant as I moved in about a year ago and was just added to the agreement but the tenancy was left in their name.

So we now have to move. We have found a house which we have fallen in love with, currently we pay £700 per calendar month for rent which my partner did not need a guarantor for when the agreement was set up as he passed the referencing checks. The house we want to move into is £850 a month which is more than affordable for us. Ideally we would have liked for the tenancy just to be in my partners name again as I have a DMP in place via PayPlan so have a poor credit history and would unlikely pass referencing. However, when viewing the house we were told that my partner would need to earn 3 times the amount of monthly rent, which he falls just short of. By around £30 per month. I earn more and so our combined would be accepted with no issues, collectively we earn about £3000pcm after tax. The agent today told me I would immediately fail referencing due to my DMP but we can go down the route of getting a guarantor for me as my partner does not earn enough to take the tenancy just on his wage.

My dad is more than happy to be my guarantor, he earns around £65k per year and owns his own house and has a good credit rating.

I am just a bit worried that I could still be rejected even with a guarantor?? Is this a possibility? They have not mentioned this as an option but I am just a little cautious as this is the first time I have ever done this and I don't want to lose any of the money we will have to pay in fees.

Thanks

da_rule

Yes potentially you can. The landlord isn’t obliged to accept anyone and may decide that it isn’t worth the risk, especially if there are other potential tenants who don’t need a guarantor.

Also, your guarantor would need to be be of good enough standing, which it sounds like he would be. It might just be worth asking the agent if the landlord is definitely happy to accept the guarantor and whether your dad would be good enough.

theartfullodger

Yes:

As, indeed, a tenant is at liberty to reject a property from a fine upstanding landlord, perfect condition, complies with all legal requirements, rent ludicrously low etc etc etc..

Yes, tenant may legally safely so no, no reason required: As long as it's not illegal discrimination (eg the bleedin' landlord is English!!! )

Mr.Generous

Just let a property to a bloke who used a guarantor, I like to meet prospective tenants and decide who to let to. I rejected several who didn't need a guarantor for various reasons. Its not a deal breaker, where really badly behaving very noisy children during a viewing are.