Many residential landlords require guarantees from new tenants. Landlords, tenants, and guarantors must obtain expert legal advice to ensure they understand their rights and obligations under a guarantee for a residential property tenancy.

Our specialist Residential Property Department in Nottingham provides clear, practical advice on residential property guarantees to ensure everyone understands what is involved. We are one of the busiest and most successful in Nottingham and Nottinghamshire.

We are a diverse, multi-lingual law firm using best-in-class technology to offer highly effective residential property law advice. Our experience means we have a robust reputation for excellence with top UK Barristers, King’s Counsel, Estate Agents, Independent Financial Advisers, Surveyors, and Mortgage Brokers.

Common Questions About Residential Tenancy Guarantees

What is a guarantee?

A guarantee is a promise by one person (the guarantor) that another person will fulfil their obligations. If that person fails to do so, the guarantor becomes liable.

How are guarantees used in residential tenancies?

If a tenant fails to pay rent, the guarantor will be liable. The guarantor signs an agreement detailing their liability and the duration of the guarantee.

When would a residential landlord require a guarantor?

A landlord may require a guarantor if the tenant has little income, no UK credit history, is a student or first-time renter, is unemployed, or has recently moved to the UK.

Who can act as a guarantor?

Guarantors are typically family members or close friends with good credit history and reliable income. Landlords may reject guarantors who are retired, live overseas, or do not own property. Legal advice is recommended before signing a Guarantor Agreement.

Why Choose Us?

We are known for our care, efficiency, and cost-effectiveness. Our solicitors provide practical advice on personal guarantees, ensuring all parties understand the agreements. Our clients recommend us not only in Nottingham but across the East Midlands and the UK.

Smalleys Solicitors provides exceptional Guarantees For Residential Property Tenancies and Residential Conveyancing services to clients. People choose and recommend us not just in Nottingham, Arnold, Hucknall, Derby and Mansfield, but across Nottinghamshire, Derbyshire, Leicestershire & the East Midlands, and the whole of the UK, because we get results.

To receive expert advice and representation regarding Guarantees For Residential Property Tenancies and Residential Conveyancing, please contact us using the form below, call us on (0115) 955 6555, email via the Request a Callback form on this contact page.