Rental guarantors used to be the preserve of student lets, with landlords wanting financial reassurance to cover those with no rental track record, no regular wage or rental history.
The latest Rightmove Rental Price Tracker revealed that every ‘to let’ listing on its portal was receiving an average of 17 enquiries. Such demand can translate into multiple offers and a bidding situation* where the rent that tenants are willing to pay creeps up.
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