Yes – It’s not unusual for a landlord to accept an offer or application to rent a property conditional upon the applicant providing a guarantor (more on this here) or paying rent in advance for the entire fixed term. It is however unusual (and arguably unnecessary) for a landlord to require a guarantor AND rent in advance for the fixed term.

The reasons why a landlord may require these:

Guarantor – to guarantee all tenancy obligations throughout the tenancy (fixed term and beyond and any replacement tenancy) including payment of rent and keeping the property in the same condition as it was at the commencement of the tenancy (cleaning and damage). Typically used where there is perceived to be a risk of non-payment of rent or the property not being kept in the same condition as it was at the commencement of the tenancy e.g. student let

Rent in advance for the entire fixed term – to guarantee rent payments for the fixed term. Typically used where there is perceived to be a risk of non-payment of rent and the applicant cannot provide a suitable guarantor or a guarantor is not considered ncessary (more on this here) e.g. applicant has failed an affordability assessment.

The scope of using a guarantor is much greater than receiving rent in advance for the fixed term.

Tagged:

Leave a Reply