If you haven’t been employed for longer than 6 months, if you are not in permanent Full Time employment or are under a probation period, or if the rent is more than 40% of your annual income, a guarantor will be needed. Your guarantor will go through the same referencing process as you and will agree to take joint responsibility for the rent of the property. The guarantor will be liable to pay any rent arrears and for any damages the deposit does not cover.
A guarantor must be a home owner within Leicestershire and have a basic salary of 3 time the annual rent. They must also not be subject to a probation period.