Why can my co-signer not be my guarantor?

Your co-signer may not meet the necessary requirements to stand as a guarantor. This could be due to several factors, such as:  

• Not being based in the UK  
• Not being a homeowner  
• Not having sufficient income  
• Lacking the credit history required by your landlord or letting agent  

A co-signer assumes less financial responsibility than a guarantor, which is why someone may be willing to co-sign but not fully guarantee your rent. If you don’t have an eligible guarantor, Housing Hand can step in as your UK guarantor, making it easier for you to secure a rental property.