F-Prop Posted February 21, 2012 Report Share Posted February 21, 2012 I've got a prospective tenant who's not working as she's been made redundant... and she's pregnant. She get's plenty of benefits and has savings but getting her through a credit check could be interesting! She's asked a couple of questions about guarantors that I'm not really sure about. Can she have two guarantors (both parents I assume)? I've only ever done one before, not sure how it would work if there are two and I needed to approach them if she defaulted, they would be jointly and severally, responsible like tenants, I assume. Secondly she's hoping to get back to work soon after, so once she's earning again she's asking if I can remove the guarantors. I've never "removed" one before. I've got appropriate forms they sign to agree to be guarantor but what do I do to take them off. Would we need to start a new 6 month AST? I know she might not be accepted in the long run, but she's asked a couple of good questions I don't know the answer to, so if nothing else, it's a chance to further my knowledge! Trevor. Link to comment Share on other sites More sharing options...
Melboy Posted February 22, 2012 Report Share Posted February 22, 2012 Why do you need to take on a prospective tenant such as this? I know I wouldn't for all the reasons you have stated unless of course there is a cast iron guarantee of payments and legal cover etc. This has to be a risky tenant surely? Mel. Link to comment Share on other sites More sharing options...
anita.z Posted February 22, 2012 Report Share Posted February 22, 2012 Hmmm... I think she might not be back to work as soon as you think if she's having a baby.... Link to comment Share on other sites More sharing options...
F-Prop Posted February 22, 2012 Author Report Share Posted February 22, 2012 Yes I fully agree, probably not the best tenant in the world, and might not grant her a tenancy anyway. However she's asked a couple of good questions which I don't know the answers too... Link to comment Share on other sites More sharing options...
Melboy Posted February 22, 2012 Report Share Posted February 22, 2012 Secondly she's hoping to get back to work soon after, so once she's earning again she's asking if I can remove the guarantors Why? I wouldn't in this particular case. Even if you are working it is quite normal to have a guarantor in place. Link to comment Share on other sites More sharing options...
F-Prop Posted February 22, 2012 Author Report Share Posted February 22, 2012 Yes it seems strange, it's no burden on the guarantor, so best left in place I think! Link to comment Share on other sites More sharing options...
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