Lodger Tenancy Agreement (with Guarantor)
This Lodger Tenancy Agreement template is designed for renting a room in a house or flat in which you also live and you want someone to guarantee the lodger's obligations.
- Ideal for use when renting to students or tenants with irregular incomes.
- Fast, easy to use, plain english Lodger Agreement template.
- Solicitor drafted to be reliable and comprehensive.
- Suitable for renting furnished or unfurnished rooms.
- Fast to draft and fully customisable. Re-use as many times as you want.
Lodger Tenancy Agreement with Guarantor
The Lodger Tenancy Agreement is suitable for use where the landlord lives in the property and is renting out a room to a tenant. In a traditional renting arrangement, a tenant rents a place that is wholly separate from the landlord. A Tenancy Agreement or Assured Shorthold Tenancy Agreement is often used for this type of setup. However, there are other types of tenancy arrangements that you might consider. The Lodger Tenancy Agreement is designed for a tenant who is renting a room from a landlord who also lives in the property.
The Lodger Agreement creates a licence between the lodger and the landlord, setting out thr rights and obligations of each. For example, in a normal tenancy situation the property being rented by the tenant is not accessible to the landlord unless prior notice is given, however in a Lodger Agreement this may be different. The lodger may give consent in the Agreement for the landlord to enter the room for cleaning purposes or to switch out the lights or change linen and towels. The landlord may wish to include an obligation that the cleanliness of the room is the responsibility of the lodger.
There are two types of Lodger Agreements; one that has a guarantor clause and one that does not. This Agreement includes provisions to appoint a guarantor. A guarantor will provide security for the landlord. If the lodger is unable to fulfil their obligations, such as paying the rent, the guarantor will have to meet those obligations on behalf of the lodger. If your lodger has a guaranteed income and you do not need a guarantor clause, you can use our Lodger Agreement (no Guarantor) template.
Using the Lodger Tenancy Agreement with Guarantor
The Lodger Agreement with Guarantor available on this site can be downloaded and completed ready to sign in just a few minutes. The document has been drafted by a qualified Solicitor for reliability. The document can be saved on your computer and re-used at any time. There are certain aspects of the document that can be customised to fulfil your specific needs. For example, you can customise the Agreement to state whether the room will be offered furnished or unfurnished.
Once the document has been signed by both parties, it will be legally binding.
Clauses in the Lodger Tenancy Agreement with Guarantor
This Agreement differs from the Lodger Agreement (no Guarantor) in that it contains clauses to legally appoint and define the obligations of a guarantor.
There are many other types of documents for use in relation to the letting of property in our Tenancy Agreements section. In combination with the Lodger Agreement, you may also need a Pre Tenancy Agreement and to read our information on Tenancy Agreements: Background Information for Landlords.
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