Unfortunately, many private tenancies require student tenants to provide a UK guarantor: a UK citizen who undertakes the financial liabilities of the tenant, i.e. paying the rent if the tenant fails to do so. The guarantor usually has to be a UK resident in full-time, long-term employment, in order to meet the requirements of a good credit score. Tenants who do not have a UK guarantor are sometimes required to pay between 6 and 12 months’ rent in advance.
For 2016/17 SOAS is running a pilot guarantor scheme, whereby SOAS will act as a guarantor to groups of SOAS students who are otherwise unable to provide a UK guarantor. The pilot is open to up to 30 qualifying students living in the private rented sector on a first come, first served basis. Monthly rent should not exceed £780 per month per student.
Please read the guidance below, before contacting firstname.lastname@example.org for an application form.
Rent Guarantor Scheme Guidance (pdf; 10kb)
Due to the limited numbers, we also advise students who do not have a UK guarantor to look into the below options. Please contact us if you have any questions or concerns in relation to guarantors. It is also helpful for us to gather more information about problems students have in relation to guarantors, in designing our proposals for a SOAS guarantor scheme.
Contact the Students’ Union for support in regards to guarantors and Shelter and University of London Housing Service for legal advice. Contact details can be found here
These are houses and flats managed by the University of London Housing Service, who act as the landlord. A certain number of properties are reserved for SOAS students. SOAS acts as the guarantor for SOAS students renting these properties. More information here.
Student accommodation organisation, CRM, is working with Housing Hand to provide a guarantor service to students. Students can apply for Housing Hand act as your UK guarantor and pay a fee, and Housing Hand provide a guarantor certificate which will be accepted by landlords. More information here.
The SOAS halls and most other private halls of residence do not require a UK guarantor. More information about halls of residence here