Assured Shorthold Tenancy Agreement (with Guarantor)
Use our Standard Assured Shorthold Tenancy Agreement with Guarantor for renting either a residential house or flat with the security of a Guarantor.
- Fast, easy to use, fully customisable template.
- Tenancy Deposit Scheme Compliant.
- Solicitor drafted to be comprehensive and reliable.
- Suitable for both furnished and unfurnished property.
- Re-use your Tenancy Agreement template as many times as you want.
Assured Shorthold Tenancy Agreement with Guarantor
In any tenancy situation it is always best to have a written document in place to set out the terms and conditions of the tenancy that the landlord and tenant have agreed upon. This can then be relied on should a dispute arise between the parties, as it will have been signed by each party.
A commonly used document for tenancy arrangements is the Assured Shorthold Tenancy Agreement (AST). This version of the AST includes an additional clause for the appointment of a Guarantor, to provide the landlord with extra protection regarding the tenant's obligations. The Guarantor is responsible for any obligations that are not met by the tenant. A landlord has the right to request a Guarantor if there is a high probability that the tenant may be unable to pay the rent. If the tenant fails to fulfil their requirements, the landlord will call upon the Guarantor to fulfil them instead. Typically students and individuals with no guaranteed income are asked to have an Assured Shorthold Tenancy Agreement with Guarantor. A person who has a steady income with a bad tenancy history or credit scores may also be asked to sign the agreement with a Guarantor.
Under the laws of England and Wales, the landlord has the right to protect him or herself from a tenant that might not be able to pay. Instead of completely rejecting a tenuous situation with a student or other person, the landlord can simply request a Guarantor.
Using our Assured Shorthold Tenancy Agreement with Guarantor
The Assured Shorthold Tenancy Agreement with Guarantor template on this site has been drafted by a qualified solicitor so that it is legally accurate and reliable. The template documents and forms we provide are easy to use and fully customisable so that you can amend or change the wording with ease.
Our tenancy agreements are Tenancy Deposit Scheme compliant and are suitable for furnished or unfurnished property. Once the document has been purchased you can save it to your computer and re-use it as many times as needed without incurring any extra cost.
Clauses in our Assured Shorthold Tenancy Agreement with Guarantor
You can view a full preview of our Assured Shorthold Tenancy Agreement with Guarantor by clicking the 'Preview' button at the top of this page before you buy. In addition to the clauses found in the Assured Shorthold Tenancy Agreement, this document contains clauses to appoint a Guarantor and to regulate how the Guarantee and Indemnity will operate.
We have a wide range of Tenancy Agreements available, including Lodger Tenancy Agreements and Notices for terminating a tenancy. For landlords renting residential property to a number of individuals you can purchase a subscription to our entire tenancy agreement category package for just £19.95 a year.
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