- Always Follow The Golden Rules of Letting a Home
- EPC Required Before Marketing
- Gas Safety Record Required Before Occupation
- Electrical Checks
- Advertise your Property
- Suggested Forms Required
- Initial Viewing with the Prospective Tenant
- Tenant Wishes to Proceed
- Can the Tenancy be Assured Shorthold?
- Reference Checking
- Length of Fixed Term
- Providing A Rent Book
- Joint Tenancy Or Many Individual Tenancies?
- Completing the Tenancy Agreement
- Completing The Guarantee Agreement
- Check Smoke And Carbon Monoxide Alarms – England Only
- Protect the Deposit and Notify Utilities
- What Happens at the End of a Fixed Term – To Renew or Not To Renew
- Checklist of what to do at the end of the tenancy
We always advise obtaining a guarantor for every tenancy whenever possible. Ideally, the guarantor will be a homeowner in England or Wales. This is so that if there is money owing it can be easier to get paid.
All our tenancy agreements have a guarantee agreement included and there is also one available separately here.
The guarantee agreement should always be signed BEFORE the tenancy. This is important not just for legal reasons but also, if you sign the tenancy first and then the guarantor refuses to sign, you will be stuck with the tenancy and no way of bargaining power to make the guarantor sign.
Our guarantee agreement is a deed and as such it must be witnessed by somebody who is not party to the guarantee agreement. When we are doing our own tenancy agreements, we ask the tenant to witness both landlord and guarantor signatures on the guarantee agreement but it doesn’t have to be the tenant and can be anybody (but not a party to the contract).
Completing the form is quick and simple (also see the picture below):... Please login or signup to continue reading this content