Student Holmes needs a guarantor to be a United Kingdom homeowner. That is a person that owns a home in the United Kingdom. To define the United Kingdom this does not include Jersey, Guernsey or Northern Ireland. These would have to be agreed with your landlord in advance.
They would then be contacted by yourself and he agrees to sign a guarantor to pay the rent for the property. You need to understand that most contracts are on a joint and several liability basis.
What does this mean? Unless you are renting a room, all guarantors and tenants sign the documentation on a joint and several basis. This is quite typical and it means that they are responsible for the whole rent in the property. Not just one single student. It also means that the students themselves are not only liable for their rent but for everybody’s share in the house. It is important that you understand this. If for any reason one tenant wasn’t able to pay their rent, then the other tenants and guarantors may have to pay for it.
But we now team up with a company that can offer guarantors an insurance policy in the event that this situation occurs. They are Guarantor Insure