When house hunting in France, its highly recommended to have a guarantor as it is almost systematically required by lessors. A guarantor is a person (or in some cases, an organization) who confirms that the tenant is trustworthy by vouching for him. The guarantor helps the owner gaining trust in your profile.
When and why is a French guarantor required?
A guarantor is a requirement that many landlords insist on whenever a new rental property is being applied for. It is a common way for landlords to ensure the new tenant is reliable. If you can’t provide a French guarantor, you may be asked to pay up to twelve months rent upfront. This can leave less bargaining power if something goes wrong in your accommodation.
Who can be my guarantor?
Finding someone to act as a French guarantor can be an obstacle in the process of securing your accommodation in France. Here are examples of the requirements that a guarantor must meet:
- Be between the age of 18 and 75
- Have a good credit history
- Have a monthly salary of 3 to 4 times your rent
- Be a French resident
- A family member in most cases
What are my options if I cannot provide a French Guarantor?
No worries! With the Studapart Guarantee, Studapart can be your guarantor for the time of your stay in France, whether you find accommodation on Studapart or elsewhere.
Find more about subscribing the Studapart Guarantee here.