Guarantor Refuses to pay?

Banking on change · 22nd August 2006, 14:59

Does anyone have experience in tenancys with a guarantor involved?

If the tenant fails to pay the rent and you write to the guarantor what happends if he refuses or ignores your letters. What would be the next step and is there anything in law to help enforce payment from the guarantor?

Thanks

blacksheep1979 · 22nd August 2006, 16:59

I think you issue a claim against both of them - if you have a letter signed by the guarantor saying they will pay if the tennant doesn't I believe it is similar to a joint tennancy and both are liable.

Banking on change · 23rd August 2006, 01:41

Thank you for the replies to both my posts blacksheep.

We have both a letter from the guarantor and he is also named as such on the tenancy agreement. So I guess we are covered.

Nightmare4banks · 23rd August 2006, 04:33

Bankingonchange,

Post a copy of the agreement with the person who is acting as guarantor so we can possibly help you out further.

m3shl · 23rd August 2006, 22:13

Did the Guarantor sign either the Tenancy Agreement or a Deed of Guarantee? If so then proceed to the small claims court and add the costs to the claim. This normally puts enough fuel on the fire to get a response.

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