What is joint and several liability (and why it matters more than you think)
If you’re moving into a shared house or flat – whether as a student, young professional, or just trying to split costs – you’ll probably need to sign a tenancy agreement with your housemates. Everything seems simple enough… until you see the phrase “joint and several liability.” It might just sound like legal jargon, but […]
Rent Guarantor vs Rental Guarantee Insurance: What’s the difference
Collecting rent from tenants and covering monthly outgoings are understandably the biggest concerns for a landlord. Two popular options are a rent guarantor or rental guarantee insurance; both of which can be implemented at the start of a tenancy agreement to support both tenants and landlords by underwriting any financial losses incurred if a tenant […]
What is a guarantor for rent?
When renting in the UK, you are often asked to provide a rent guarantor. Put simply, this is a person who is prepared to be responsible for your rent, should you get behind on your rent payments. The term may seem daunting, but we’ve pulled together all of the important details and information that you […]
