Guarantor Application Form

Step 1 of 7

Tenancy Information
We have been advised you are happy to stand as guarantor for a new property with Parks.

The form requires you to upload a scan/photo of the following supporting documents:
- Proof of Residency (Utility Bill/ Bank Statement) this MUST be dated within the last 3 months
- Proof of ownership (Mortgage Statement, Solicitors Letter or copy of the Land Registry)
- The form will also ask for proof of income – depending on your situation this can be an employer reference/pension statement/proof of savings/self-employed tax return/ accountant reference etc
- Photo/Scan of your ID (e.g passport or driving licence)
Our requirements for a guarantor are as follows: -

- You must be a England or Wales homeowner
- You must reside in England or Wales for a minimum of 6 months of the year
- You must be in permanent employment, be self-employed, be in receipt of a pension or have savings
- Your annual income must be greater than 30 times the monthly rent that you are guaranteeing
- Parks will need to see proof of your income either through an employer’s reference, SA302 Tax Return or chartered accountant
- If you are retired Parks will need to see proof of your pension documents
- Alternatively, if you have savings you can be referenced on Personal Wealth, we will need to see a bank statement dated in the last calendar month showing 60 times the monthly rent you are guaranteeing
- Guarantors will be liable for a percentage of the entire rent for ALL named tenants on the tenancy
Tenant First Name*
Tenant Last Name*
Property Address You are Guaranteeing*
Street Address City Postcode
Proposed Move In Date*
DD slash MM slash YYYY
Total Property Rent Per Month*
Tenancy Term*

Guarantor's Details
Please enter your full legal name as it appears on your passport.
Title
First Name*
Middle Name(s)*
Last Name*
Phone
Mobile*
Date of Birth*
DD slash MM slash YYYY
Email Address*
Current Address
Street Address Address Line 2 City County Postcode Country
Period at Address*
Years
Months
Months
Time at Address
Your Address Status*
- Owner
- Council Tenant
- Private Tenant
- With Parents
- Friends
Previous Address
Street Address Address Line 2 City County Postcode Country
Period at Address
Years
Months
Months
Are you aware of any adverse credit history?*
- Yes
- No
Please give details*
Will you be out of the UK before the proposed move in date?*
- Yes
- No
From
DD slash MM slash YYYY
To
DD slash MM slash YYYY

Please note this is only an application form. The legally binding document will be sent to you for signature in due course.
Please return this completed application and supporting documents within 48 hrs of receipt.
DATA PROTECTION ACT 1998
In order to respect your privacy, we process your personal data in accordance with the data protection principles, namely:
- Personal data shall be processed fairly and lawfully.
- Personal data shall be obtained only for one or more specified and lawful purposes, and shall not be further processed in any manner incompatible with that purpose or those purposes.
- Personal data shall be adequate, relevant and not excessive in relation to the purpose or purposes for which they are processed.
- Personal data shall be accurate and, where necessary, kept up to date.
- Personal data processed for any purpose or purposes shall not be kept for longer than is necessary for that purpose or those purposes.
- Personal data shall be processed in accordance with the rights of data subjects under this Act.
- Appropriate technical and organisational measures shall be taken against unauthorised or unlawful processing of personal data and against accidental loss or destruction of, or damage to, personal data.
- Personal data shall not be transferred to a country or territory outside the European Economic Area unless that country or territory ensures an adequate level of protection for the rights and freedoms of data subjects in relation to the processing of personal data
Declaration
I confirm that the information provided on this application form is correct to the best of my knowledge and belief, and authorise Parks Residential Ltd to make any necessary enquiries and credit searches for confirmation of the information provided. I also give permission to my employer/accountant to disclose details of my salary/income to Parks Residential Ltd. I also understand and agree that my name and address will be written on the Assured Shorthold Tenancy Agreement and as such shared with all Tenants, Guarantors and Landlords. Signed:*
Please sign in the box above
Date*
DD slash MM slash YYYY
Print Name*

Guarantor Application Form

Step 1 of 7

Tenancy Information

Guarantor's Details

References

Declaration

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