Third-Party Guarantor Services
It's important to note that while most property management groups require a UK-based guarantor, amber offers third-party guarantor services specifically for international students who may not have a guarantor for their student housing in the UK. This is an invaluable service for international students, as it helps them secure student accommodation without the typical hassles.
It's important to note that a guarantor's fees can vary and are often proportional to the level of risk associated with the lease or loan for student housing. Essentially, the higher the risk, the higher the fee you can expect to pay for the guarantor's services. This is a critical consideration when weighing the costs and benefits of using a guarantor for your perfect student accommodation.
Note: Please refer to this article to learn how a guarantor is different from a co-signer.
If you have any questions or need student accommodation help, please don't hesitate to contact our amber support team or click on ‘Submit a request’ at the end of the page. Your satisfaction is our priority!
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Eligibility for Being a Guarantor
When it comes to eligibility criteria for guarantors, amber offers two types: UK-based and International. UK-Based Guarantor Must be at least 25 years of age. Must be in full-time employment within the geographical boundaries of the UK. Must have a ...
What is a guarantor for student accommodation?
In essence, a guarantor is a person or a service that takes on the responsibility of assuring the property management groups that the student's rent for their student housing will be paid on time. If the student fails to do so, the guarantor is ...
Why is a guarantor needed for student housing?
The need for a guarantor often arises when a student is unable to pay the entire rent for their student accommodation for the year in advance. By having a guarantor, students have the flexibility to pay their rent in instalments. This not only offers ...
Documents Required for a Guarantor in Student Accommodation
Irrespective of whether you have a UK-based or an international guarantor for your student accommodation, the following documents are universally required: Identity/Age Proof: A passport or, for UK-based guarantors, a driving license. Address Proof: ...
Booking Process
What is the process of booking? To secure your dream accommodation with amber, kindly choose the property that best suits your needs and complete the corresponding booking form. Following the form submission, our team will promptly contact you to ...