Need help? Read our frequently asked questions
If you are looking for a room or property to rent in the UK you will be asked to provide a rental guarantor.
A rental guarantor is required by your accommodation provider to sign any paperwork agreeing to pay rent arrears if you default on any of your payments. Provision of a rental guarantor is common practice in the UK and grants your future landlord with security that your rent will be paid on time and in full.
A rental guarantor is required to secure a property and you will need one in place to sign any paperwork. In the majority of cases, UK letting agents will not show you available properties to rent unless you already have one.
If you do not have a guarantor, the accommodation provider may give you the option to pay your rent in advance. This is normally a payment of 6 to 12 months up front. However, in many circumstances and even if you do pay upfront, your accommodation provider may still request that you provide a UK guarantor to secure your rented property. Terms and Conditions vary and we recommend that you check this with your provider.
Paying large sums of money upfront can be a risk and could leave you in a difficult position should your rented home be repossessed or if there is damage or an emergency that requires you to vacate the property. It can also leave you in a weakened bargaining position should you require the landlord to carry out any maintenance tasks. By using Housing Hand as your rental guarantor, you will be able to pay monthly and protect yourself from such risks as these.
Housing Hand would act as your rental guarantor for a property if you do not have one.
You can apply online on our website: www.housinghand.co.uk.
The process is quick and easy, and you will be given a decision straight away as to whether you are eligible for help. Once you have applied, Housing Hand will contact your accommodation provider and sort out all the paperwork on your behalf.