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Nicola Caulfield asked 3 years ago

A potential tenant is on Universal Credit so I have asked them to provide a Guarantor. How much does the guarantor need to be earning to qualify? I have read somewhere that they should be earning at least 3 times the monthly rent - is this true?

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Marc Attwater Staff answered 3 years ago

Nicola that is generally correct, however guarantors are usually parents and some are retired. Much more important is if they are home owners.

Nicola Caulfield replied 3 years ago

Ah that makes perfect sense. Thank you.

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