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We have been looking to rent bigger house but every one says 'we need guarantor'. We don't have one. Is the any other way round it? Thanks?

Asked on Jan 3 2011, Renting in Prescot | Report content

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  • You should speak to the letting agent and see what they suggest. There are rent deposit guarantee schemes available, your agent may be able to recommend one.

    Answered on Jan 5 2011, Report content
  • As above, ask the agents what criteria they are looking for this may help you in figuring out a way around the issue. The referencing company we use requires that you earn 2.5x your share of the annual rent (before deductions) to be considered as acceptable without a guarantor. If you earn less than this then they will not pass you without one. You can offer to pay six months upfront as an alternative.

    Answered on Jan 5 2011, Report content

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