Multiple Guarantors

About to let to group of 4 sharers on single AST. Some of the group can offer a gurantor but not all. In part because 2 are coming from abroad. Would like to know bets way to approach it, as I presume as its a single AST the guarantors are guaranteeing the rent of the...

Guarantor Address

Hi there. I am in the process of signing up a new tenant who has a guarantor. Upon checking, the guarantor lives in a property that his wife owns solely, however, he owns (no mortgage) a property that he rents out to tenants. When filling out the deed of guarantor,...

Guarantor deed and unfair terms

From Tessa Shepperson’s “School for Landlords” I’ve learned that if you take a guarantor for a tenancy then, once the initial fixed-period AST has expired, the guarantee is subject to the law on unfair terms, and is automatically terminated if...

Charging Order

Hi Adrian I see you have now some guidance for completing a charging order which is very helpful. Do you have any plans for guidance to request the courts to make payment direct from the tenant/guarantor bank account. If you know the bank account details? Also for a...

How to Obtain a Charging Order

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...