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Durham University Trials New Guarantor Scheme

Posted by Richard Ward in , ,

Image courtesy of Flickr, Creative Commons

Durham University has announced it will pilot a Rental Guarantor Scheme for students renting in the 2019-20 academic year.

The announcement was made by Durham Students' Union Welfare and Liberation Officer, Rosa Tallack, having campaigned for students who struggle to find guarantors while renting accommodation.

Students would have previously faced strict requirements in choosing their guarantor but will instead have the option to use the university to guarantee their rent for the cost of £50 per application.

Finding a UK-based guarantor can be particularly problematic for international students, who instead are required to pay up to 12 months of rent in advance, which can amount to a lump sum of up to £8,000.

Research by NUS found that over 90% of international students who cannot find a rent guarantor are asked for rent upfront instead.

It is hoped this new scheme will ease student concerns regarding their rental accommodation.