Information for Guarantors

GradPad tenants are able to pay their rent in quarterly instalments, as long as they can provide a guarantor.

To act as a guarantor you must currently live and work in the UK and agree to pay the tenant’s rent if they don’t keep up with the payments. By acting as a guarantor, you’re legally agreeing to pay any outstanding rent. It’s very important that you only sign the agreement if you are happy with this.

 

Who can act as a guarantor?

 

Guarantors are usually a friend or relative. However, anyone can act as a guarantor as long as they live and work full-time in the UK. They must also be happy to take legal responsibility for paying any outstanding rent.

 

Documents you’ll need to supply

 

If you agree to act as a guarantor, we’ll ask the tenant for your contact details. You’ll then receive an email requesting some additional information, which you can submit online through our secure portal.

UK guarantors are required to provide:

  • Proof of address in the UK. This can be either a utility bill or bank statement dated within the last three months.
  • A copy of your valid passport

Non-UK guarantors are required to provide:

  • A copy of your valid passport
  • A copy of their valid UK visa for the last three years
  • National Insurance Number
  • Proof of current address in the UK. This can be either a utility bill, bank statement or Council Tax bill.