If you have agreed to become a guarantor or are considering becoming one we would like to take this opportunity to explain to you what this entails and what you will be responsible for. A sample copy of an ‘Assured Shorthold Tenancy Agreement’ (AST) can be requested prior to the sign up for your reference.
PLEASE MAKE SURE THAT YOU SIGN YOUR FORMS AS WE ARE UNABLE TO PROCESS THE INFORMATION WITHOUT YOUR SIGNED ATHORISATION
Important information: As a Guarantor you will be signing to say that, in the event that the named tenants on the AST do not/are unable to (without arranging a payment plan) pay their rent on the rent due date we will contact you for payment on their behalf. You will also be jointly responsible for the condition of the property on move out and if any damages exceed the deposit held and we are not able to make contact with the named tenants we will contact you regarding the outstanding balance.