The current (joint) tenants contract is periodic and husband has moved out weeks ago. I have served both section 21 notice today. The wife wants a new solo tenant contract but her salary will not pass the credit/ affordability check. She has provided a gurantor today. Could I still use OpenRent service to have the guarantor credit check (paid service), how to do this on Open Rent app? Do I still need to carry out credit check on the wife? Once the guarantor has pass the credit check, could I produce a new tenants on Open Rent Now for free ? Or need to pay a new short membership to get it done?
@Haiyen you need a new contract and new credit checks as her income may have changed.
if she wont pass affordability checks why would you want her to stay, potentially get into arrears (not good for her or you) and have to try to get back from a guarantor?
just organize viewings and let wife apply like anybody else. Only if she is best candidate should you even think of doing new credit checks for her and a guarantor. Of course she may have pluses eg if you have a history of the property being well maintained and they were good tenants. But a big negative if going to struggle to pay - depends how close to the affordability criteria she is (if you use a 30% of gross income and she’s at 35% maybe ok but if 50% or 60% then I’d reject)
Good luck
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If this is true, then she can’t afford it. End of story.
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The husband moving out does not on its own end his tenancy and liability for the rent. You could write to him and let him know this and that the only way to end this would be for him to serve a valid notice in line with the contract. If he does, it will end the tenancy for both of them and you will be able to choose whether to accept the wife as a sole tenant.
Very good point, advice and the right process to follow.
Do the checks on both the wife and the guarantor — you cant rely on a guarantor without proving the tenant cant afford it, and remember the husband remains liable until he serves a proper notice or signs a surrender. OpenRent lets you order paid referencing from your landlord dashboard for each person and then generate a new sole tenancy agreement once checks pass; ive done this before, paid for the refs and then created the AST on the platform so expect to pay per reference.
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