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Guarantor gone wrong

29 replies

dewisant2020 · 29/07/2021 20:44

I realise now it probably wasn't to smartest thing to do, many years ago I agreed to be a guarantor for my best friends son who wanted to move into a flat, sadly she since died and we've all lost contact.
I forgot all about it to be honest and presumed he had moved on and probably wasn't even in the flat anymore, today I received a demand from the lettering agents asking for a large sum of money, I contacted them straight away and they informed me that he had missed 3 months rent and were now looking for me to pay, I asked why they hadn't contacted me long before now so i was at least aware it was an issue and so I could budget for this, they said it wasn't there policy too.
What also annoyed me is over the years he's rents increased but I've never been kept updated on this, although i reread the terms tonight and i signed to say i would remain guarantor in the event of a rent increase. It just doesn't seem fair to me, how can they expect you to be totally responsible for paying someone else's rent but never let you know it's increased?
What's the chances of the landlord coming after me for the money? And what if i refuse to pay until they at least evict him as I pay the arrears now he gets away free and can do the same at anytime

OP posts:
Bluntness100 · 01/08/2021 09:09

Guarantors are not normally told by the landlord of increases, however I go guarantor for my daughter and I need to re sign every year, so surprised at this just rolling on.

donquixotedelamancha · 01/08/2021 09:49

if not I will cough up.

Don't do this without clarifying the situation first:

How long ago did you sign this agreement? If it's as long as you imply then surely he's on a new lease by now?

Once you know the exact situation, get proper legal advice before agreeing to anything. It will be much cheaper in the long run.

QueenBee52 · 01/08/2021 12:30

get yourself removed as Guarantor fast

QueenBee52 · 07/10/2021 13:27

@dewisant2020

Did you seek advice OP 🌸

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