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 Caulfield
replied 3 years ago
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 agoAh that makes perfect sense. Thank you.
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