What is an Irish Guarantor?

If you are planning on renting anywhere in the Republic of Ireland, you will most likely need to provide an Irish Rent guarantor. First, you will need to know the answer to the question; what is an Irish guarantor? The simple answer is someone who is prepared to pay your rent should you default but there is slightly more to it. Read on to find out the important details about who can act as guarantor in Ireland and how Housing Hand can help if you cannot provide a qualifying rent guarantor.

What is a Guarantor and What does being an Irish Rent Guarantor Mean?

In more detail, a guarantor is someone who agrees be responsible for a loan you have taken out, therefore, an Irish rent guarantor is someone, who lives in Ireland, who has agreed to cover your rent if you cannot pay it. In some cases, the rent guarantor also agrees to cover damages to the property. Follow the link for more information on ‘What is an Irish Guarantor’ or other questions relating to rent guarantor FAQs. The ‘Irish’ part of this role is also an important aspect to consider as we will see now.

When and Why is an Irish Rent Guarantor required?

A rent guarantor is a requirement that many landlords insist on whenever a new rental property is being applied for. It is a common tool used by landlords to ensure the new tenant will not default on rent or property damages, not a comment on a new tenants status or a lack of trust.

Who can be a Rent Guarantor?

Finding someone to act as an Irish rent guarantor can be a difficult obstacle in the process of securing somewhere to rent in the Republic of Ireland. There are several requirements that a guarantor must meet listed below.

A guarantor must:
Be between the age of 18 and 75
Have a good credit history
Be able to pay your monthly rent
Be an Irish resident

If your intended guarantor fails on any of these criteria they will not qualify as a suitable guarantor for renting in Ireland. But don’t despair, this is exactly why Housing Hand created the Republic of Ireland’s only Guarantor Service for international and Irish students.

What are your Options if you Cannot Provide a qualifying Rent Guarantor?

Finding a suitable guarantor is not always possible especially for international students or professionals as they may not know any Irish residents, especially one who is prepared to take on the responsibility! This often means landlords request 6-12 months rent up front which is a challenge most will find impossible, especially with ever-increasing rental costs.

This is where Housing Hand can help. Read on to find out how the Housing Hand Rent Guarantor Service helps thousands of students every day.

Housing Hand Rent Guarantor Service

Housing Hand is providing a much-needed service to help people in this situation. With HH students can secure their new rental property and benefit from paying their rent in smaller instalments, not needing to pay a deposit, reduce the risk of signing up a guarantor that may be unaware of the legal liability and provide their new landlord the security they require.


What are the benefits of using the Housing Hand rent guarantor service?

It is common for Irish letting agents to ensure you are able to rent before showing you available properties. In many cases, this would mean you need to prove that you have a rental Guarantor.

If you do not have a Rental Guarantor, your Accommodation Provider may well expect you to pay your rent in advance. This is normally a payment of 6 to 12 months upfront. However, in many circumstances and even if you do pay upfront, your accommodation provider may still request that you provide an Irish guarantor to secure your rented property. Terms and conditions vary and we recommend that you check this with your provider.

Paying large sums of money upfront can be a risk and could leave you in a difficult position should your rented home be repossessed or if there is damage or an emergency that requires you to vacate the property. It can also leave you in a weakened bargaining position should you require the landlord to carry out any maintenance tasks. By using Housing Hand as your rental Guarantor, you will be able to pay monthly and protect yourself from such risks as these.

Who can Use the Rent Guarantor Service?

It is really quick and easy to find out whether you are eligible to use the Housing Hand Rent Guarantor Service. Follow the links for student and professionals and fill in the short, online forms to find out in a matter of minutes. Once you have been accepted you will receive a Guarantor Certificate to provide to letting agents and landlords which can be helpful for your property search. Even better than that, Housing Hand provides a Free Housefinder Service where we deal with the paperwork, agent and tenancy agreement to help you feel secure to rent.

Fill in the free, quick and easy online form to get a quote in minutes. If you have any questions, please don’t hesitate to contact us via email to [email protected] or give us a call on +353 1209 1909.