Pricing
One annual fee, charged as a percentage of your annual rent and paid once, upfront. The rate depends on what you can show us. The minimum fee is £600.
| Category | Rate | On £2,000 a month | |
|---|---|---|---|
| Student | You have an offer or enrolment letter from a UK university or college. | 6% | £1,440 |
| Employed or self-employed | You can show payslips, bank statements or a tax return. | 7% | £1,680 |
| No UK financial history | You have savings or income from outside the UK. | 10% | £2,400 |
The fee is never less than £600 a year. The percentage only starts to exceed it above £500 a month at 10%, £714.28 at 7%, and £833.33 at 6%.
Try your own rent
See your price
The rent for the property, in pounds.
What you pay, once and upfront, for 12 months · Annual rent £24,000
Student
£1,440
for the year
You have an offer or enrolment letter from a UK university or college.
Covers up to £24,000 of unpaid rent
Employed or self-employed
£1,680
for the year
You can show payslips, bank statements or a tax return.
Covers up to £24,000 of unpaid rent
No UK financial history
£2,400
for the year
You have savings or income from outside the UK.
Covers up to £24,000 of unpaid rent
Every application starts with a £20 fee. It is not refunded if we decline you.
Every price on this site is the full price. There is no form in front of it.
The application fee
£20, paid before we check anything. It pays for the identity and document checks we run. If we approve you, you get a Guarantor Pre-approval: a portable approval valid for 90 days that you can show to any landlord or agent, whether or not you have found a property yet.
If we decline you
You do not pay the annual fee, and we tell you exactly why and what would change the answer. The application fee is not refunded, because the checks have already been run.
Refunds
The application fee is never refunded. If we approve you and you decide not to go ahead, you pay nothing more. Once the deed is signed and you have paid the annual fee, the annual fee is not refunded either, because your guarantee has already started.
What is covered
Unpaid rent, up to 12 months of rent or £48,000, whichever comes first. Damage to the property is not covered. The guarantee stays in force while the annual fee is paid.
Renewing
The guarantee renews each year at the same percentage, recalculated on your rent at the time. If we do not renew, we give two months of written notice to you and to your landlord.