Recovering Rent From Tenant Guarantors

When an individual has agreed to act as guarantor to a tenancy agreement he typically contracts to compensate the landlord for any breach of the tenancy by the tenant. If the tenant will not or cannot pay these costs the landlord can look to the guarantor.

Guarantor Notices Used To Recover Landlords' Costs

Common expenses that guarantors are requested to pay include rent arrears, property damage, and legal costs. Often a letter from our firm to the guarantor pointing out his obligations under the guarantor agreement can be enough to resolve the situation.

Guarantor Court Proceedings

If the guarantor does not respond to the guarantor notice the next step is to start legal proceedings against the guarantor. Before starting guarantor court proceedings is it wise to carry out a check as to the financial health of the guarantor before encuring addition legal costs.

Obtaining A Court Judgement Against A Guarantor

Once the landlord has obtained a court judgement against a guarantor this judgement will appear against the guarantor's credit file until the debt has been paid off. The landlord also has the option to enforce the judgement and force the guarantor to settle the debt.

Landlords have a variety of options to chose from to enforce debt judgements. If the guarantor owns a property the best method is to obtain a charging order against that property. Another useful enforcement tool is an attachment of earnings order that will force the guarantor's employer to pay the landlord a certain sum of money each month until the debt is satisfied.

Bartletts Solicitors are experts at recovering unpaid rent, repair costs, and legal expenses from tenant guarantors.