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Does a guarantor have to be a homeowner/rent a guarantor service
aisha0112
Posts: 3 Newbie
My partner currently works full time but I am a stay at home mum. Recently we entered into an IVA because it was impossible for us to save or survive with the debts we had 
Since having a child, financially we are stable and are doing really well and are ready to move. Unfortunately finding a property is proving difficult and I require a guarantor with an agency. Does my guarantor have to be a homeowner? I have someone in mind who works 35 hours a week in a managerial job but they’ve only recently started this work due to COVID-19. However the job is secure but I’m not sure how a landlord or agency would look at this. Also does anyone recommend rent a guarantor service? Any advice would be appreciated. Thank you
Since having a child, financially we are stable and are doing really well and are ready to move. Unfortunately finding a property is proving difficult and I require a guarantor with an agency. Does my guarantor have to be a homeowner? I have someone in mind who works 35 hours a week in a managerial job but they’ve only recently started this work due to COVID-19. However the job is secure but I’m not sure how a landlord or agency would look at this. Also does anyone recommend rent a guarantor service? Any advice would be appreciated. Thank you 0
Comments
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There is no definitive rule.But basically the guarantor must be able to pass whatever vetting process you as a tenant have failed. The landlord wants to know that if you default on the contract, he'll have someone of substance to pursue. That could mean* good credit record* good income* good assets0
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