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If you currently have a loan with us and have been affected financially by the COVID-19 pandemic, please click here for ways in which we may be able to work with you during these difficult times.

FAQs for Applicants

Can my partner be my guarantor?

Guarantor is a Homeowner (Click to Expand)

Yes, in principle we accept partners as guarantors. However, you and your partner must not live at the same address.

Your guarantor could be a friend or family member, as long as they have good credit, are a UK homeowner between the ages of 21-76 (at the end of the proposed loan term), and have an income which is provable if required. Find out more about who can be a guarantor.

But as part of the application process, we would look at your finances in detail to ensure that you can both individually afford the loan and that changes in circumstances for one of you would not put the other party at risk.

It is very important that the Guarantor can afford the monthly loan repayments if the Borrower gets into difficulty.

Guarantor is a Tenant (Click to Expand)

Yes, in principle accept partners as guarantors. However, you and your partner must not live at the same address.

Your guarantor could be a friend or family member, as long as they have good credit, are between the ages of 25-76 (at the end of the proposed loan term), and have an income which is provable if required Find out more about who can be a guarantor.

But as part of the application process, we would look at your finances in detail to ensure that you can both individually afford the loan and that changes in circumstances for one of you would not put the other party at risk.

It is very important that the Guarantor can afford the monthly loan repayments if the Borrower gets into difficulty.

Loans are subject to status and affordability. Consolidating debts may increase the term and the total amount payable.

Before entering into any credit agreement please make sure you can afford the monthly repayments, we recommend that you seek independent advice if you are unsure of any of the terms of our agreement. There may be other taxes or costs, not paid through us or charged by us, that you have to pay in connection with the agreement.

Late repayments can cause you serious money problems. For help go to www.moneyadviceservice.org.uk

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