DSS with Guarantor

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  • DSS with Guarantor

    Is it advisable to take on a DSS tenant with a Guarantor who is in full-time employment?

    thanks

  • #2
    Well, a tenant on HB/LHA (which is what you meant- not 'DSS') with an employed guarantor is better than one without.
    JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
    1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
    2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
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    • #3
      Originally posted by Rossi View Post
      Is it advisable to take on a DSS tenant with a Guarantor who is in full-time employment?

      thanks
      It would be better if the guarantor was also a home-owner; I'd check how secure the employment is.

      It's also advisable to carry out credit/reference checks on the tenant.

      How is the guarantee going to be drafted - by a solicitor?

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