Finding a guarantor can be one of the biggest challenges students face when looking for private rented accommodation.
Following a successful campaign by KCLSU, and research into the barriers some students face when accessing private rented housing, King's has established a partnership with RentGuarantor to help increase the options available to students seeking accommodation and reduce the cost of accessing a professional guarantor scheme.
What is a guarantor?
A guarantor is a person or organisation that agrees to cover rent arrears or other tenancy-related costs if a tenant is unable to meet their obligations under a tenancy agreement.
Many landlords and letting agents ask students to provide a guarantor because students may have limited credit history, irregular income or be renting independently for the first time.
This requirement can present challenges for international students, estranged students, care-experienced students, students from lower-income households and students whose family members don’t meet a landlord's financial requirements.
King's partnership with RentGuarantor
Through its partnership with RentGuarantor, King's students can receive a 15% discount on the provider's standard fee.
The fee is equivalent to three weeks' rent before the King's discount is applied. To access the reduced rate, enter the code KCL15 when completing your application.
The partnership provides an additional option for students who may struggle to find a suitable personal guarantor, although it’s important to check whether a professional guarantor will be accepted by a prospective landlord or letting agent before paying any fees.
You can find further advice and information about Guarantors on King’s Answers.
Why are guarantor schemes becoming more important?
Historically, some students who couldn’t provide a guarantor were able to secure accommodation by paying large amounts of rent in advance.
However, the Renters' Rights Act 2025 introduced significant restrictions on the use of large upfront rent payments, so professional guarantor schemes may be an alternative if you don’t have access to a traditional guarantor.
An additional option for students
While this new partnership provides an additional option, it may not be the right solution for everyone.
You should carefully consider your circumstances and explore all available housing options before deciding whether a professional guarantor scheme is right for you.
There are several professional guarantor providers operating in the UK, and you may wish to compare eligibility criteria, costs and terms before deciding.
Need advice?
If you're unsure which option is best for you, we recommend seeking advice before signing a tenancy agreement or paying fees to a guarantor scheme.
You can discuss your individual circumstances with:
Both services can help you to understand your housing options, compare guarantor arrangements and make informed decisions based on your personal circumstances.