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Advice about guarantor.
Abeille
Posts: 5 Forumite
Hello, I've been searching for information about this but couldn't find an awful lot so I thought this was the best place to ask.
Basically I've left university recently and wish to move in with some friends. They've found a house and I thought everything was sorted until the agency called me asking for information about my guarantor. It is a student house and I will be living with students even though I will be in full time employment which they were fine with. The major problem is that I don't know of anyone who would be my guarantor, I'm barely on speaking terms with my parents and have no other family in this country.
As I said before I've already been offered a 17k p/a job starting the month after I move in and have been working full time for the last year and a half, is there any way this would be enough so I do not need a guarantor? I really don't want to go grovelling to my parents over this.
Thanks in advance.
Basically I've left university recently and wish to move in with some friends. They've found a house and I thought everything was sorted until the agency called me asking for information about my guarantor. It is a student house and I will be living with students even though I will be in full time employment which they were fine with. The major problem is that I don't know of anyone who would be my guarantor, I'm barely on speaking terms with my parents and have no other family in this country.
As I said before I've already been offered a 17k p/a job starting the month after I move in and have been working full time for the last year and a half, is there any way this would be enough so I do not need a guarantor? I really don't want to go grovelling to my parents over this.
Thanks in advance. 0
Comments
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Would have thought it would be fine, have you explained to the agency that you are not a student like the others, are you also aware that you will be the only one responsible for the council tax, though you will get a single persons discount as students are non countable.Whether you can get the others to contribute is another matter.0
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I normally insist on a guarantor as I've found tenants don't tend to leave unexpectedly or with debts if they know someone else has to pick up the bill.
In your case why don't you go to letting agent and offer them a copy of your job offer this gives them extra details and security on you. Explain that the person who would guarantor you is abroad they may accept just the contact details rather than whole signed guarnatee.
Be aware as chappers has pointed out that you will be facing extra costs as the only working person in the house. If this makes the house unaffordable you could try renting a room until you have a few months at work behind you, then you will be able to give work references which may help.0 -
Be aware as chappers has pointed out that you will be facing extra costs as the only working person in the house. If this makes the house unaffordable you could try renting a room until you have a few months at work behind you, then you will be able to give work references which may help.
What other expenses are there apart from council tax? It's not a very expensive house, and I hope I've budgeted quite well for rent and bills, in anycase I have savings to fall back on.
I will phone them when I get a break today and explain about the job and such, is there anything else you guys think I ought to mention?0 -
I think you'll get a 25% discount on the council tax (being the only person eligible to pay), so if it's a small-ish property, it'll probably be about £75 a month for you to pay. Quite a lot...
On top of that (but split cost between all of you), you'll have gas (£40/month?), electricity (£40/month?), water (£15/month???), phone line (£11/month?), broadband (£20/month?), then the cost of food, and you'll probably have a kitty for buying things like loo roll, butter, milk, cleaning products etc...
The above are all estimates...
I don't see why they need a guarantor when you are going to be earning £17k!Should've = Should HAVE (not 'of')
Would've = Would HAVE (not 'of')
No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)0 -
Agents where we are require a guarantor if you don't earn 3 times the rent. The guarantor must own their own home and also be on the same income. Totally depends on the agent.One day I might be more organised...........
GC: £200
Slinkies target 2018 - another 70lb off (half way to what the NHS says) so far 25lb0 -
Luckily the boys parents are paying the phone/sky/internet bills (lucky git) and the rest is inc. in the rent. £75 per month is an awful lot though, won't I be entitled to housing benefit or something? I've never had to deal with this sort of thing before.I think you'll get a 25% discount on the council tax (being the only person eligible to pay), so if it's a small-ish property, it'll probably be about £75 a month for you to pay. Quite a lot...
On top of that (but split cost between all of you), you'll have gas (£40/month?), electricity (£40/month?), water (£15/month???), phone line (£11/month?), broadband (£20/month?), then the cost of food, and you'll probably have a kitty for buying things like loo roll, butter, milk, cleaning products etc...
The above are all estimates...
I don't see why they need a guarantor when you are going to be earning £17k! 0 -
Housing benefit. No, Im afraid housing benefit is only handed out to people who cant or won't work.
You might think that as youre out there doing a gainful, though relatively low paid job, you'd be entitled to some kind of break, or encouragement to keep working so you can enjoy the money you make.
You might think that but Gordon Brown doesnt. To him you are just a big pound sign that he wants to use to plug up the enormous holes in his budget.
Welcome to Nu-Britain, the land of the working poor.0 -
Not true. If you have a "low income" you entitled to HB.ruggedtoast wrote: »Housing benefit. No, Im afraid housing benefit is only handed out to people who cant or won't work.
http://england.shelter.org.uk/advice/advice-120.cfmA house isn't a home without a cat.
Those are my principles. If you don't like them, I have others.
I have writer's block - I can't begin to tell you about it.
You told me again you preferred handsome men but for me you would make an exception.
It's a recession when your neighbour loses his job; it's a depression when you lose yours.0 -
Wow, a bitter tory eh... first time for everything
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You won't be eligible for any HB but you will be entitled to a 25% discount on the CT as the only countable person in the house.0
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