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When taking a guarantor for a tenancy, it is good advice to ensure the guarantor is a home owner. This way, if the tenant defaults the guarantor can be held liable and ultimately if they are a home owner you can obtain a charging order against land or property they own. This page offers guidance on obtaining a charging order and in particular guidance on completing form N379. What is a charging order? It is an order of the court placing a...

Payment by the surety pursuant to his covenant ... Please login or signup to continue reading this...