Long story, but DS has decided to return to uni in Sept. He had a few MH issues earlier in the so we're really glad he's decided to go back. Anyway, as he wasn't sure until a few weeks before the end of term whether he was going to go back or not, he hadn't looked into accommodation for next year.
Anyway, after much panicking about finding somewhere to live, he has now found a room in a shared student house. All good, until the tenancy stuff cam through from the agent yesterday. I've been a guarantor for DD when she was at uni, but was only liable for her portion of the rent and was happy to do so. This agreement though is 'joint and several' so means I could be liable for the entire rent at an eye-watering £2990 per month! I'm not happy to do this, but wondered if it's worth trying to negotiate agent for a change in the agreement or offer to pay 3 months up front instead. They also say you must be a homeowner - I'm not.
I'm not actually sure if the agreement is legally valid anyway, as I'm sure a guarantor agreement must be a deed and needs to be witnessed independently. There is no space for this on the form they've sent.
I'm so proud of him for sorting himself out, that I don't want to put a spanner in the works, but also don't want to expose myself to potential financial ruin!
Please or to access all these features
Please
or
to access all these features
Talk to other parents whose children are preparing for university on our Higher Education forum.
Higher education
Guarantor for student let
21 replies
DivisionBelles · 13/07/2019 11:37
OP posts:
Please create an account
To comment on this thread you need to create a Mumsnet account.