When renting a place on HousingAnywhere, a landlord might ask for your guarantor’s details before they accept your booking.
In this article:
What’s a guarantor
A guarantor is someone who promises to cover any costs if you miss rent payments or cause damages that go beyond your deposit. In these cases, the guarantor is legally responsible for paying the landlord.
Requirements of a guarantor
Landlords often set specific requirements for who can act as a guarantor.
For example, in France, where guarantors are common, a guarantor must:
Have a permanent address in France.
Earn at least three times the monthly rent.
When do you need a guarantor
Whether a guarantor is required depends on the landlord and the local rental market. It’s more common in some countries than in others.
It’s up to the landlord to decide if they need a guarantor. On HousingAnywhere, landlords review each potential tenant and decide if a guarantor is required.
Example:
A landlord might have two potential tenants: an international student with no income, and a local working professional. The landlord might see the student as a higher risk and ask for a guarantor, while the working professional may not need one.
What if you don’t have a guarantor
If you don’t have a guarantor but the landlord requires one, you can choose HousingAnywhere Rent Guarantee. For an additional fee, this option lets you rent the place without a guarantor and offers extra benefits for both you and the landlord.
Learn more about HousingAnywhere Rent Guarantee