On their report to me the local reference rent is given as £368 per calendar month. (I advertised the flat in the paper at £390 pcm).
I am currently referencing a relative of the prospective tenant as a potential guarantor, who would also make good the shortfall in rent, in the event of her illness becoming long term.
My question is:
If the potential guarantor signs up to cover the shortfall, could
(s)he refuse to pay the shortfall at a future date, citing the council ruling as the maximum (s)he was prepared to pay and:
if I incorporate the guarantor's details on the ast agreement, would the legality of this be compromised, by the Rent Service's ruling and would this stand up in court, if I had to sue the guarantor in the event of the top-up not being paid?
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