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Do I need a quarantor if I rent privately?

Asked on Mar 2 2011, Renting in Bognor Regis | Report content

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  • This will depend entirely on your situation. If you have a good credit history, and are in full time employment then you may find that you can proceed without one. If you were renting through an agent then you would typically need to earn 2.5x the rent each month before deductions. This may apply when renting privately depending on what sort of referencing the landlord does.

    Answered on Mar 2 2011, Report content
  • No, you don't always need a guarantor, regardless of your financial situation. If you are renting privately, then it may be completly dependant on the landlord, and what he requires from his tenant. If you can prove that you are a good tenant, and have paid rent on time previously, then you may find that the landlord is happy to proceed with this. Another option you may have is to pay rent upfront, where you will then not need to provide a guarantor.

    Answered on Mar 4 2011, Report content
  • All depends on the property but a good chance you will not have to if they are happy with your referance. But beware going direct to landlord as if you have an issue you have no "middle man" - Hope that helps!

    Answered on Jul 19 2011, Report content

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