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  4. Does a guarantor need to be employed?
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  2. FAQs
  3. Guarantor Criteria
  4. Does a guarantor need to be employed?

Does a guarantor need to be employed?

NO 😀

Guarantors do not need to be in full-time employment, so long as they

  • Have a regular income (which can include wages, pensions, and benefits)
  • Meet the lender’s criteria
  • Are able to comfortably able to afford the monthly repayments if the borrower is unable, and will show this by completing a budget for the lender.

 


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