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However, regardless of the justifications, it’s still a problem for Landlords. As a tenant, I imagine it’s extremely frustrating to be deprived from renting a property because of an external factor like the inability to arrange a Guarantor, because at the end of the day, the lack of Guarantor isn’t really a reflection of how good or bad someone will make as a tenant.
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But unfortunately, they are rather necessary for the landlord’s own security.
Landlords need to put certain security measures in place to secure their investment.
On various occasions I’ve had prospective tenants ask me what they should do if they’re unable to get a rental guarantor.