Unite Students Guarantor Agreement
Uni students in the UK who are moving into privately rented accommodation often need a guarantor to secure their tenancy. This is where Unite Students Guarantor Agreement comes in, providing support for students who may not have the financial backing of a parent or family member.
What is a guarantor agreement?
In simple terms, a guarantor is someone who agrees to pay the rent if the tenant is unable to do so. Landlords often require a guarantor when renting to students, especially those who are not working or have no credit history.
The Unite Students Guarantor Agreement is a legally binding contract between the student, the guarantor, and the landlord. It ensures that in the event of rent arrears or damages to the property, the guarantor is responsible for covering the costs.
Why choose Unite Students Guarantor Agreement?
Unite Students is a leading provider of student accommodation in the UK, with over 70,000 beds across 177 properties in 29 cities. They offer a Guarantor Service as part of their tenancy agreement, which means that students can find a guarantor through their website if they don`t have anyone who can provide this support.
This service allows students to apply quickly and easily, with the guarantee that they will have a guarantor if needed. The process is simple – once the student has filled out the application, Unite Students will contact the guarantor for verification and approval.
It`s worth noting that this service is only available to Unite Students residents, but it`s a great option for those who need the extra support.
What are the responsibilities of the guarantor?
The guarantor is responsible for paying the rent if the tenant fails to do so. They may also be liable for any damages to the property that exceed the security deposit.
It`s important for the guarantor to understand their obligations before signing the agreement. They should ensure that they have the financial means to cover the rent and any associated costs.
In some cases, the guarantor may also be responsible for ensuring that the tenant adheres to the terms of the tenancy agreement, such as not causing a disturbance to neighbours or keeping the property in good condition.
In conclusion, the Unite Students Guarantor Agreement is a great option for students who need a guarantor for their private rented accommodation. It provides peace of mind for both the tenant and the landlord, ensuring that the rent will be paid and any damages will be covered. As with any legal contract, it`s important to read and understand the terms before signing.
