Hi,
I currently work for a big french company in Palaiseau area. I want to rent a stunning apartment.
Before I can do so I am required (by landlord) to provide a guarantor - I earn 5 x the rent (and find this requirement bloody ridiculous). My colleagues (french) are empathetic but do not want to take the risk (refuse to be guarantors).
Another option is a bank (HSBC). The bank initially told me that if I deposit 1 monthly rent and keep it there for the entire duration of the contract the guarantor process can start. Two days later I checked with the bank on the progress. The bank manager talked (he was obliged to) to the landlord and the landlord requested to deposit 9 monthly rents (+ 20% extra = request from the bank).
Any advice would be greatly appreciated.
Cheers
I currently work for a big french company in Palaiseau area. I want to rent a stunning apartment.
Before I can do so I am required (by landlord) to provide a guarantor - I earn 5 x the rent (and find this requirement bloody ridiculous). My colleagues (french) are empathetic but do not want to take the risk (refuse to be guarantors).
Another option is a bank (HSBC). The bank initially told me that if I deposit 1 monthly rent and keep it there for the entire duration of the contract the guarantor process can start. Two days later I checked with the bank on the progress. The bank manager talked (he was obliged to) to the landlord and the landlord requested to deposit 9 monthly rents (+ 20% extra = request from the bank).
Any advice would be greatly appreciated.
Cheers