University of Kent YourGuarantor Scheme
To help students without a UK guarantor, we have partnered with Your Guarantor to be able to act as a UK rent guarantor for undergraduate students renting in the private sector. The scheme is open to undergraduate students who meet the criteria below, subject to a cap of 300 applications.
1. Students must be registered on a full-time programme of study at the University to be eligible for the scheme.
2. Postgraduate students are not eligible for the scheme.
Many private landlords and letting agents request that a third party acts as a guarantor for the rent before they will agree to let a property to a student. This will usually be a parent or a guardian.
Landlords will usually require a UK based guarantor, which can often be a problem for international students.
If you do not have anyone who can act as your guarantor in the UK, landlords and letting agents may ask you to pay more rent upfront (generally 6-12 months).
Guarantor Scheme for Undergraduate Students
Am I eligible for the scheme?
|Level of study?||Criteria to be met in order to be eligible||Rent allowance: up to £1,500 per month|
|Undergraduate Foundation Year students||Not eligible for YourGuarantor Scheme|
|Undergraduate first year students||Must have completed a full-time Foundation Year programme at Kent in the last academic year.
First year students who have not studied on a full-time Higher Education Foundation Year programme in the last academic year will not be eligible for the scheme.
|Your private rented tenancy can be for up to 12 months from the end date of your Foundation Year.|
|Undergraduate second year and Undergraduate placement year students||Must have completed Year 1 (or Year 2 if doing placement year) of a full-time Undergraduate programme at Kent last academic year||Your private rented tenancy can be for up to 12 months from the end date of your first year (or second year if doing a placement)|
|Undergraduate Final Year students||Must have completed Year 2 (or placement year) of a full-time Undergraduate programme at Kent last academic year||Your private rented tenancy can be for up to 12 months ending no later than 31 August of the year you are due to graduate|
|Students completing an Exchange/Study Abroad programme||Not eligible for YourGuarantor Scheme|
Postgraduate students are not eligible for the scheme.
The University’s role in the Guarantor process
Please contact firstname.lastname@example.org if you have any questions regarding the above.
Further details are also available via the Your Guarantor website.
The University cannot give advice on housing queries or tenancy agreements, these questions should be directed to the Kent Union’s Advice Centre – https://www.kentunion.co.uk/welfare/advice-centre/housing/ who are able to offer independent housing advice.
Frequently asked questionsWhat does the scheme cover?
- The scheme covers rent arrears only.
- The guarantee is only applicable to Assured Shorthold Tenancies.
- The university is able to guarantee rent per person up to a maximum of £1,500pcm.
- The university reserves the right not to approve applications where it is aware that the property / landlord in question has a history of negative feedback, as advised by Homestamp or Canterbury City Council.
- The university guarantee will cost you a percentage of the value of your tenancy / lease – 3.5% for Overseas/EU students and 5.5% for UK students.
- You can estimate the cost using the calculator on the YourGuarantor website.
(Value of the lease = monthly rent x number of months of the lease). In shared accommodation this will equal the individual students’ share of the value of the lease.
- The scheme will be administered by the University
- Apply online at www.yourguarantor.com.
- Applications will be subject to approval by the University.
- Confirmation of acceptance will be emailed to you.
- A certificate of the university’s guarantee will be available online once you have paid the fee. You must confirm with the landlord / managing agent that they are happy for the university to act as guarantor prior to applying for the scheme.
- A sample of the guarantor terms & conditions are available to download from http://yourguarantor.com/landlord/.
- You will notify the university and landlord as soon as you become aware of any circumstance, or potential circumstance, which could affect your ability to satisfy your responsibilities under the proposed tenancy agreement.
- You undertake to cooperate with the university as required in order to minimise their liability under any Guarantee that they provide on your behalf and understand that this may mean vacating the rental property if the rent is in arrears.
- You are not aware of any current circumstance that would prevent you from satisfying all your responsibilities, as set out in the proposed tenancy agreement.
- You understand that, although the university will act as Guarantor, you will remain liable for any losses, damages, expenses and/or costs that the Landlord would normally be entitled to recover.
- You understand that any rent paid out on your behalf or additional costs incurred by the university under any Guarantee they may provide on your behalf shall remain your responsibility until settled in full.
- You understand that the university may, at their own discretion, appoint a third party to recover any losses on its behalf.
- You must establish the landlord / managing agent’s acceptance of the university guarantee prior to making an application (a sample of the rent guarantor document can be downloaded from www.yourguarantor.com).
- You understand that by accepting the Guarantee offered by the university, you are confirming acceptance & understanding of the responsibilities set out in these commitments.
- Where a rental payment is missed the Landlord / managing agent must notify the University within 14 days.
- The University will contact you to establish the circumstances surrounding the missed payment.
- If payment has not been made within 30 days of the missed payment, the insurer will invoke a claim.
- If the claim is valid, it will be settled by the insurer and paid to the University within 30 days of the claim being invoked.
- The University will settle the claim with the landlord after either receiving confirmation from Your Guarantor that a claim will be paid or once the monies have been received from the insurer.