What happens if there is more than one guarantor
Zero Deposit
Last Update 2 years ago
All tenants agreed to be “jointly and severally liable” for any breaches of the tenancy agreement. This means that you each take responsibility for ensuring that any amount due is paid off in full, and therefore you each, legally, owe the whole of any amount outstanding until the full amount is paid.
If there is more than one guarantor then the same principle is applied - this is that all guarantors are jointly and severally liable.