Tenancy Agreement

Tenancy Guarantor Form

This form is only for landlords in England or Wales. A Guarantor Form can act as a legal piece of insurance for you to use to save yourself against rental loss, damages and any ensuing legal fees incurred by your tenant.

Tenancy Guarantor Form
Tenancy Guarantor Form
This Guarantor form can be used with any of the Tenancy Agreements available for purchase on Tenancy Agreement Project. It is suitable for tenancies in in England & Wales.
Price: £3.99

Table of contents

Why buy a Guarantor Contract from us?

Why buy your tenancy documents from us

1) The Guarantor Form available on this site has been created by Stones Solicitors LLP. They are listed as a Top 200 Law Firm and is recognised by the two leading independent directories, Chambers and the Legal 500.

2) It’s quick and easy. Make payment and download instantly.

3) All payments are made via PayPal’s secure server, and you don’t need a PayPal account to use their payment gateway.

4) Our documents are all up-to-date and meet legal requirements.

Buying Process. It’s quick and easy!

Add the Guarantor form to your basket, which will automatically display in the left sidebar. Checkout and you will be diverted to a secure Paypal payment server, where you can make payment.

You will be emailed a link which will download your purchase in a .doc format. If you don’t receive an email, be sure to check your spam/junk box.

You will also be automatically redirected to our website after 10 seconds, where a download link will be provided to your document(s).

Please note, we do NOT deliver hard copies by post. We only offer a download service.

Tenancy Guarantor Form
Tenancy Guarantor Form
This Guarantor form can be used with any of the Tenancy Agreements available for purchase on Tenancy Agreement Project. It is suitable for tenancies in in England & Wales.
Price: £3.99

Important:
This is a DOWNLOAD only service, we do NOT post the documents. Once you downloads the document(s), you can print them off as many times as needed.

Please be aware that the download links remain valid for 72 hours. If you fail to download the items with 72 hours of purchase, you will need to purchase your item again.

Emails are usually sent and received with in minutes after payment is received via PayPal, however, there can be delays for reasons beyond our control, so please allow for up to 24 hours. Please contact us for any further assistance.

What is a Guarantor?

A Guarantor is someone who agrees to vouch for a Tenant’s ability to pay rent, as well as any damage that the Tenant may cause. Should the Tenant default on rent payments and/or fail to pay for any damage caused to the Landlord’s property, the Landlord may proceed against both the Tenant and the Guarantor for payment to be made.

Essentially, the Guarantor is an extra layer of security for the landlord at no extra expense.

Is a Guarantor required?

A Guarantor isn’t legally required; it’s ultimately down to the Landlord, whether he/she requires one to be in place for the tenancy to go ahead. However, most Landlords and Letting Agents do require one, especially when letting to strangers.

It is strongly advised for Landlords to require a Guarantor.

Types of Guarantor Forms

Guarantor contracts typically come in two different forms. The Guarantor Form is commonly included in the Tenancy Agreement, but can also be drawn up as a separate contract. For example, our tenancy agreements don’t include a guarantor contract, because we provide them as separate documents.

Guarantor in Tenancy Agreement:
The Tenancy Agreement will need to contain additional clause(s) dealing with the Guarantor and setting out the liability of the Guarantor. Furthermore, all the above parties will then need to sign the agreement.

Guarantor as a separate deed:
This is a separate legal contract between the Landlord and the Guarantor, stipulating the terms and conditions e.g. what the Guarantor will be liable for.

The Deed of Guarantee must make specific reference to the Tenant and the Tenancy Agreement between the Landlord and the Tenant.

The Landlord should provide a copy of the Tenancy Agreement to the Guarantor so he/she is aware of the provisions contained in such agreement.

The Deed of Guarantee must be signed by the Landlord, the Guarantor and an independent witness.

If at any point a new Tenancy Agreement is created between the tenant and landlord, the Landlord will need to obtain a new Guarantee from the Guarantor.

Buying a Guarantor as a separate deed

There are many sources of obtaining a Guarantor Form, some even for free. However, it is important to get your copy from a reputable supplier that is distributing up to date and legal versions. We sell Guarantor Forms that have been created by award winning professional solicitors for only £3.99.

Referencing the Guarantor

It is important that thorough reference checks are made on the Guarantor (e.g. income, employment history etc). It is also often a prerequisite for the Guarantor to be a UK home owner as this makes recovery of monies much easier for the Landlord.

The landlord should to be confident that the Guarantor can cover any monies owed.

This document is supplied in good faith – no accuracy guarantee & no liability accepted – purchase and use at your own risk. The Tenancy Guarantor on this site is an example of its type. If you plan to use a particular document, we strongly recommend that you obtain legal advice from a lawyer before signing any document. If you use any document from the site without first obtaining legal advice, you do so entirely at your own risk. The Tenancy Guarantor Form on this site is a standard agreement and may not be suitable for all uses. It should be used as general drafting guides only. We do not accept any responsibility for any changes you make to a document or omissions from the documents on the website. The Tenancy Guarantor Form is based on the law of England and Wales only.