On HousingAnywhere, landlords may require a guarantor for tenants to rent their place. If you don't have a guarantor, you can choose HousingAnywhere Rent Guarantee.
In this article:
What is HousingAnywhere Rent Guarantee
HousingAnywhere Rent Guarantee is an easy and affordable alternative to having a guarantor, with benefits for both tenants and landlords.
Benefits of HousingAnywhere Rent Guarantee
Rent anywhere without a guarantor
Temporary protection for missed rent or damages
Get instant booking confirmation
Simpler process with less paperwork
How much it costs
HousingAnywhere Rent Guarantee lets you rent anywhere without a guarantor. It costs 3% of your Total Contract Value, which you'll pay as a one-time fee when you book a place.
Total Contract Value = Monthly rent × Number of months in your rental period
Example
Let's say you're renting a place for 1 year, and the monthly rent is €1,500. Rent Guarantee for your stay will be a one-time payment of €540.
Monthly rent: €1,500
Rental period: 12 months
Total Contract Value: €18,000
Rent Guarantee (3% of Total Contract Value): €540 (one-time payment)
How it works
HousingAnywhere Rent Guarantee makes renting easier and ensures a smooth experience for both tenants and landlords.
When you choose Rent Guarantee, the landlord will get insurance from Mila, our trusted insurance partner. If you miss a rent payment or accidentally cause damages beyond your deposit, Mila will immediately pay the landlord. Mila will then contact you to arrange repayment. You can pay back the amount in installments with interest.
So you can stay in your home until your rental period ends, and the landlord will be paid for any losses.
Choosing Rent Guarantee
If the landlord requires a guarantor, you'll be asked to enter your guarantor's information when booking.
Here's how you can choose Rent Guarantee:
In Choose a guarantor, select HousingAnywhere Rent Guarantee.
Upload the required documents.
Add your payment details and complete your booking.
Select 'HousingAnywhere Rent Guarantee'
Add required documents
Complete your booking
That's it! You'll receive a separate email with an invoice for HousingAnywhere Rent Guarantee along with your booking confirmation.
The landlord will receive all the details about their coverage.
Refund policy for Rent Guarantee
If you need to cancel your booking and you’ve purchased Rent Guarantee, we’ll handle the cancellation manually for now.
Here's what you can expect:
Before your move-in date
If you cancel before your move-in date, you'll receive a full refund of the Rent Guarantee fee.
After your move-in date
If you cancel after moving in, the refund depends on how soon you cancel:
Within 48 hours of moving in: You'll get a partial refund of the Rent Guarantee fee.
After 48 hours: Unfortunately, no refund will be provided.
You can contact our Support team, and they’ll help you cancel.