Hi all.
I had a very good friend act as a guarantor for me when I left an abusive relationship and needed to rent a place for DD and I.. I had a poor credit history but earned a good salary for part time work and was eligible for housing element of UC.. I've not missed a rental payment since moving in 11 months ago.. My question is, my guarantor is leaving her employment and going self employed in her field. She's still happy to be my guarantor because I've not missed any rental payments and I'm much more responsible with my money now in my late 30s than I was in my 20s..The guarantee agreement is for the entirety of my time in my rental property. She's signed it to say she will basically be a lifetime guarantor. Will she have to sign paperwork again when I sign my renewal of tenancy? My landlord wanted to renew my tenancy as I'm reliable, respectful of the property and I want to stay here long term. Do I need to worry about my guarantor now going self employed in her line of work and that it'll affect my tenancy? The estate agent just asked if my guarantor was staying in place and I said yes and they said that's fine. My guarantor will actually be earning more in her field of work going self employed.. They won't need to do referencing again or anything will they? Thanks.