RENTAL ARREARS, GUARANTOR NOT RESPONDING
I have a tenant since Feb 08 who has just gone into arrears for November and December payments. His father, who is the guarantor, was paying but cancelled his direct debit in November as the tenant was apparently going to receive housing benefit.
It is a periodic tenancy and there is a Guarantor Agreement. Please can you confirm that this guarantor agreement still applies even though the original tenancy has not been renewed and has run on to a periodic? Can you also please advise what is my best course of action now?
The tenant is not responding to phone calls and texts and the Guarantor has not yet responded to a letter I sent to him, although I only sent it on Wednesday so I suppose I should give him a chance.
My concern is that this drags on and our losses mount up.
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