Guarantor Guide

Your details will be provided to us by the tenant taking a property with us. You will then be contacted by a referencing company Vouch as part of Goodlord to complete referencing.

To act as a guarantor you must have a salary of 3 x the rent to pass referencing and should be living in the UK.

Proof of identity (ID): to prove you are who you say you are

• We'll need to see a valid photographic form of your ID, such as a passport (current or expired), a driver's licence, a national ID card, visa or a residence permit.

Proof of address: to confirm you live in the UK

• We'll accept most forms of official communication stating your current address, such as a recent bill, bank letter, or council tax statement.

Proof of income or employment: to prove your funds can cover the rent

• We'll need to check that you have the means to cover at least three times the tenant's annual rent.
• If you're employed, you'll need to provide three months' worth of your most recent payslips or proof from your employer of your current salary.
• If you’re self-employed, we'll need to see a proof of a submitted tax return or a reference from your accountant.
• If you have savings, you'll need to provide your most recent bank statement from the past 30 days.
• If you receive benefits or pensions, we’ll require three months’ worth of recent statements as proof.

You should inform your employer or accountant in advance that we'll be in touch, to

encourage a speedy response, and you can declare multiple forms of income if your primary source doesn't meet the affordability requirements.

You can opt in to open banking to speed up the referencing process with Vouch

This means you won’t have to provide proof of income documents - you’ll simply connect with open banking, so we can see a snapshot of your income as quickly and securely as possible.

Permission for a credit check: to do a ‘soft check’ of your credit history

When you agree to act as a guarantor on a tenancy, you'll be giving consent for Goodlord/Vouch to get an overview of your credit history, using publicly available data. This is a soft check so don't worry - your credit score won’t be affected. You can even run your own check in advance, to make sure there'll be no issues.

What is my liability as a guarantor? You are liable for the tenant named on the guarantor agreement. You will be contacted for any outstanding payments or to inform you of any liabilities that are not adhered to by the contract holder. Each contract holder will have their own guarantor unless agreed otherwise (e.g. for international students).