What are guarantors responsible for?

If a tenant is unable to meet the income requirements for a property or fails referencing, they can have a guarantor who will act of their behalf. This is someone who is not a tenant but agrees to pay the rent if the tenant/s are unable to.

In most circumstances, guarantors do not have any involvement in the tenancy once they have signed the guarantor agreement. If, however, the tenant/s end up in rent arrears, the guarantor will be responsible for this if the tenant does not resolve it themselves.

All tenants are jointly and severally liable for the rent payments, meaning if there are multiple tenants, all tenants are ultimately responsible for ensuring all the rent is paid.

If one tenant is continuing not to pay their 'part' of the rent, the guarantor would ultimately be responsible for this, regardless of the tenant they are a guarantor for. 

The guarantor can also be held responsible for any damages that occur during the tenancy which is outside the normal fair wear and tear. 

A guarantor is responsible for the tenant for the duration of the tenancy.