Co-signature

IMPORTANT NOTICE: By acting as co-signature you are guaranteeing to Student Marketing Agency Limited (trading as UK Guarantor) another person’s liabilities. If that person does not meet those liabilities you may become liable to UK Guarantor for those liabilities instead of, or as well as, that person.

By acting as co-signer you will be agree, covenant and undertake to indemnify and keep indemnified UK Guarantor from and against, and pay to UK Guarantor on written demand, all sums UK Guarantor may have to pay to the Landlord under the Landlord Guarantee in respect of the non-payment of Rent by the Tenant you are acting as co-signer for, under the Tenancy Agreement during the Rental Period.

UK Guarantor operates under the the exclusive jurisdiction of the English courts.

The Role of the Co-signer 

The co-signer is an important part of the process and is required to enable us to act as guarantor. In the vast majority of cases there is no further role for the co-signer. However, in the unlikely event that there is a problem with the tenancy of the person that you are acting as Co-signer for, then we will contact you.

In the event that we are required to pay any rent on behalf of the tenant we will recover our losses directly from you, so it is very important that you are aware of this commitment and are able to meet any potential liabilities. We strongly recommend that you discuss this arrangement with the student that you are acting as co-signer for.

 

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