Do I need a guarantor?
The only time you will need a UK-based guarantor is if you choose to pay your rent in instalments.
Your guarantor will need to be over 25 years old and be living in the United Kingdom to be eligible. If you do not have a UK-based guarantor, you can still choose to pay in instalments by using a guarantor service such as Housing Hand, who can act as a guarantor on your behalf, for a small fee.
Once you select the payment option for instalments during your booking process, we will kickstart the ID verification process by asking for your guarantor’s details. They’ll then need to provide us with proof of address (less than three months old) and a valid photo ID. They’ll also need to provide proof of available funds (for example, three months of payslips and/or a recent bank statement).
Once you have your guarantor sorted, you can enjoy the convenience of paying your rent in four instalments. Here is when your payments will be due.
First payment: 10 days before check-in (this will need to be paid so that you can move in)
Second payment: September
Third payment: January
Final payment: April
You can keep track of all your payments directly through your Hello Student portal account.
Your tenancy agreement will also include this information.
We will not reach out to your chosen guarantor post-booking as we only get in touch if your rent payments are overdue, and you are unable to settle the amounts owed.
So, in a nutshell, needing a guarantor only applies if you choose to pay in instalments.
If you have any questions, our customer engagement team is at the ready on 0141 488 0926.