Are you in Paris and looking for an apartment or flat share? Did you know that you can use a foreign guarantor for furnished rental in Paris? In this article Lodgis explains how:
What is the role of the guarantor?
Essentially, the guarantor (usually a parent, friend or relative) is a person who agrees to be responsible for the tenant’s debt if he or she fails to pay the rent.
If you are currently in permanent employment, not undergoing a trial period and earning at least 3 times the monthly rent (net salary), you will not need a guarantor to rent an apartment in Paris.
How to use a guarantor?
When you create your customer file, you can request a guarantor if you do not meet the financial requirements to rent an apartment.
The guarantor must have a monthly income at least 4 times larger than the rent of the tenant.
If you are planning a flat share, the collective income of all the guarantors must correspond to 4 times the total monthly rent.
The guarantor must submit one of the following documents for the tenant’s customer file:
- Three most recent payslips or:
- A certificate of employment (which states your monthly income)
Bank statements are NOT accepted as proof of guarantee
With Lodgis, whatever your profile (student, professional, retired), you can use a foreign guarantor to complete your customer file.
Lodgis Tip: Make sure you translate the guarantee documents into French or English if they are not in one of the following languages: French, English, Spanish, Italian, German, Portuguese, Russian or Japanese.
If your circumstances are different (you are a foreign guarantor, an entrepreneur or self-employed), feel free to contact one of our advisers who will help you complete your customer file.
What to do if you don’t have any guarantor?
You asked all your relatives but they unfortunately cannot be you guarantors?
There is a last option to boost you rental application and increase your chances to get your dream apartment!
Garantme is a private company which offers you, to be you guarantor, whatever your nationality.
This type of guarantee offers the advantage to reassure owners and to make sure to have a very competitive file!
After filling the online form, you will receive a certificate of eligibility to prove landlords that Garantme can be your guarantor.
Once you moved, you will pay the guarantee when signing the rental contract.
Are you looking for studio in Paris?
Lodgis offers a fabulous selection of furnished apartments for rent. We offer over 7,500 properties, from studio to family apartments with period features, spacious dining and living areas, terraces, elevator access…and just about anything!