'Newcastle University Students’ Union have introduced the Your Guarantor Scheme to support students who don’t have access to a UK based guarantor when renting in the private sector. This is a resource which will significantly benefit our students who are usually expected to pay for their rental accommodation up front. At NUSU, we want to help our students with a reputable and reassuring partner, one that has established official relationships with various other UK universities; and who are authorised and regulated by the Financial Conduct Authority. YourGuarantor acting as the students’ guarantor is a fantastic option which will mean they wont have to pay for their rent upfront, which has created barriers for many students in the past'
Before you move into private accommodation, most landlords or lettings agencies will ask you for a guarantor.
This is someone who will pay your rent if you fall into debt whilst studying at Newcastle University.
Newcastle University Student Union has partnered with YourGuarantor who can act as a UK guarantor for students who qualify.
YourGuarantor can do this under the below tenancy conditions
To act as your guarantor, YourGuarantor will charge you a percentage of the value of your tenancy or lease:
3.5% of a £95 per week rent = £173
You are in your second or placement year and:
You are in your final year and:
You are in your first year as an exchange or study abroad student and:
You are a first year postgraduate student and you have:
To discuss any housing matter, including the various guarantor options, please arrange an appointment with the Student Advice Centre Housing Adviser on level 0 of the Students’ Union.