Guarantors no longer cover subsequent tenancies

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nice guy
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Those of you who use guarantees look at the new RLA guarantee deed plus explanatory notes.

Guarantors can now give notice to get out at the end of the fixed term and they do not cover any future fixed term without a fresh guarantor.

This is a drastic change. Why has RLA not told us about this? This has major implications for my business and I can't believe this has slipped past me.
22/05/2015 10:58

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