Who can act as a guarantor?

A guarantor can be a parent, relative, friend or another suitable adult who agrees to take financial responsibility if you do not meet the obligations covered by the guarantee.

Our requirements

• UK residence: the guarantor must live in the UK.
• UK bank account: they must hold an account with a UK bank.
• Affordability: their annual income must normally be at least 2.5 times the annual rent.
• Verification: they must provide suitable identity, financial & other referencing information.
• Agreement: they must understand & sign the guarantee.

What if the guarantor is retired?

A retired parent or other guarantor can qualify. Pension income can count towards the income requirement. If their regular income is below the threshold, we can also consider accessible savings as an alternative on a case-by-case basis. We may ask for savings account statements or other proof that the funds are available. Savings do not guarantee approval.

We do not require a guarantor to be a homeowner as a standard condition. They should read the tenancy & guarantee documents before signing.