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advice PLEASE!!!!!!

posted 1 decade 7 years ago
Hi All

I have a couple of questions regarding being a guarantor, hope you can help.

Firstly,having signed as a guarantor in june 2005, do my responsibilities automatically roll over each time the lease is renewed?

Secondly, as the tenant has defaulted I have been notified of the Landlords intention to see a money order against me for the outstanding sum, which obviously depending on the first question, I may or may not be obliged to pay. My question is though, at the same time they should seek a possesion order, I have no idea how long this process takes, and in the the interim would I still be liable for ongoing rent defaults? also can landlords have insurance against tenace who dont pay the rent or is this the guarantor?

Thirdly, can I seek a possesion order to ensure the tenant doesnt remain in the property after I have settled their arrears?

Finally, how can cease to be, if I still am, the guarantor?

Sorry this goes on a bit, thank you for your patience.

posted 1 decade 7 years ago
Hi Kel
Sorry this has happened to you Sad Face

I have abosolutely no idea with regards your questions. Would your local CAB be able to help or could you get a free 1 hr session to be able to advise you??

Hope somebod else can give you the answers you are looking for Kiss

posted 1 decade 7 years ago
thanks hun! Kiss

posted 1 decade 7 years ago
I meant to put a 1hr session with a solicitor

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