Can I use a guarantor who lives overseas?
No. Our build-to-rent guarantors must live in the UK & hold a UK bank account. This is our policy for the build-to-rent portfolio, including applicants renting at Docklands Living in Dublin.
A British citizen living overseas does not meet the UK-residence requirement simply because they hold a British passport or a UK bank account.
What to do instead
- Consider whether a parent, relative or another suitable adult living in the UK could act as your guarantor.
- They will need a UK bank account & suitable evidence of financial resources.
- Our normal income requirement for a guarantor is at least 2.5 times the annual rent.
- We may consider accessible savings as an alternative for a guarantor with limited regular income, such as a retired parent, on a case-by-case basis.
If you are relocating from overseas, you can still apply for an apartment. We will explain whether a guarantor is needed & review the information you provide. An overseas guarantor cannot be accepted under our standard policy.