Guarantor Reference

Guarantor Referencing

A landlord may ask an applicant to nominate a UK-based guarantor if any of the following apply:

Who may need a guarantor:

• You are a student
• Your income does not meet the minimum threshold
• You have recently moved to the UK and cannot provide previous UK addresses
• You do not have a fixed monthly income

Who Can Be a Guarantor?

Guarantors are usually a relative or close friend, but they do not have to be.

A guarantor must meet all three base requirements:

✅ Be a UK permanent resident

✅ Be a UK homeowner

✅ Earn at least three times the rent after tax

Important:

A landlord will reject a guarantor if they:

• Live abroad
• Do not own property in the UK

Guarantor Application Requirements

When you nominate a guarantor, they will complete our online application and provide documents to verify identity, address, and income.

These checks also ensure compliance with Anti-Money Laundering (AML) regulations.

Required Documents:

• Proof of Identity – Passport or photo card driving license

• Proof of Address – Recent (within 3 months) document addressed to them (e.g., utility bill or bank statement)

  Proof of Income – One of the following:

  • Employment reference letter confirming salary OR
  • Financial reference from an accountant confirming sufficient income, combined with the last 6 months of payslips or bank statements (personal info such as NI number can be redacted)

💡 AML Compliance Tip:

These documents verify the guarantor’s identity and ensure that all funds come from legitimate sources, in line with UK AML regulations.

Income Requirement

A guarantor must have a monthly income of at least three times the rent (after tax).

Example:

If the monthly rent is £500, the guarantor must have a take-home pay of at least £1,500 per month, equivalent to approximately £18,000 per year after tax.

⚠️ Important:

Please do not nominate anyone who does not meet all three base requirements.

If you are unsure whether your proposed guarantor qualifies, contact us before submitting your nomination. One of our friendly advisors will guide you through the process and explain your options.

Contact Us

📧 Email: hello@beecityliving.co.uk

📞 Phone: 0161 211 3908