| 1. | IN CONSIDERATION of your having agreed to my/our request to accept |
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| | ("the Tenant") as a tenant of your property at |
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| | ("the Property") upon the terms of the Agreement dated |
| | (“the Agreement”) at the total rent for the Property of £
per month |
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| | I/WE HEREBY GUARANTEE the payment by the Tenant to you of the rent
and any other monies payable under the Agreement and the performance and observance by the Tenant of the terms and
provisions of the Agreement. In relation to rent only this Guarantee is subject to the limit contained in Clause 2.
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| 2. | MY/OUR liability under this Guarantee in respect of the monthly rent
payable under this Agreement shall be limited to the Tenant’s contribution to the total rent. This shall be calculated
by dividing the rent equally between the Tenant and the other persons liable as tenants to pay the rent and then
deducting from this all amounts (if any) actually received by you from the Tenant on account of the rent. Otherwise
my/our guarantee is unlimited.
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| 3. | If the Tenant shall default in the payment of the rent or any other monies payable under
the Agreement I/we will upon written demand by you pay you the rent or other monies which shall be so in
arrear (subject to Clause 2 in relation to the rent only. ).
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| 4. | If the Tenant shall default in the performance and observance of any of the provisions or
terms on the Tenant’s part contained or implied in the Agreement(other than in respect of the payment of rent or other monies)
I/We will on demand pay you all losses damages expenses and costs which you may be entitled to recover by reason of such default.
My/our liability under this Clause is unlimited.
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| 5. | This Guarantee shall not be revoked for so long as the Tenant remains a tenant of the Property
nor shall it be revoked or discharged by my death or bankruptcy or the death or bankruptcy of any of us or the death of bankruptcy
of the Tenant (or any other person who is a party to the Agreement)
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| 6. | This Guarantee shall continue in full force and effect despite any variation or alteration of
the terms or provisions of the Agreement with or without my/our consent including any increase in the amount of the rent payable in
respect of the Property by the Tenant and this Guarantee shall extent to any new or further agreement entered into between the Tenant
and yourself under which a tenancy of the Property is granted to the Tenant irrespective of the amount of the rent or the monies payable
in respect thereof or the terms and provisions thereof or the persons who are parties to the same.
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| 7. | This Guarantee shall extend to any statutory periodic tenancy which may arise under the Housing
Act 1988 on the expiry of the tenancy granted by the Agreement or on the expiry of any new or further tenancy of the Property to which
the Tenant is a party.
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| 8. | This Guarantee shall remain in full force and effect notwithstanding that the Agreement may be
terminated by agreement Court Order by re-entry forfeiture notice or otherwise.
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| 9. | This Guarantee shall not be discharged nor shall it be released by any arrangement made between
the Tenant (or any other person who is a party to the Agreement) and yourself with or without my/our consent or by any indulgence
forbearance or time or failure on your part whether as to payment time performance or otherwise.
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| 10. | This Guarantee shall constitute me/us as principal debtor(s).
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| 11. | Any demand shall be valid if sent by post or left at my/our address specified above or such other
address as I/we may notify to you in writing as to whether any such demand should be sent.
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| 12. | Where more than one person is a party to this Guarantee as Guarantor our obligations shall be
joint and individual.
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| 13. | I/we agree to allow the Landlord/Agent to obtain a credit reference check.
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