The increase in rental prices is a common problem for millions of citizens. Anyone looking for a new house will not find an option that suits their budget, and tenants are faced with exorbitant pressure to add more, despite the legal limit of 25 percent. With all these difficulties, the rental conditions of the landlords are endless. The obligation of surety, which has been demanded by some property owners in recent years, has meanwhile spread throughout the market. Also, someone from the private sector will not be accepted, an official guarantor is needed …
AVAILABLE IN EVERY CITY
The picture is similar in many cities such as Istanbul, Ankara, Izmir, Bursa, Kocaeli, Antalya, Konya and Şanlıurfa. Descriptions on real estate portals show how convincing the demand is. Some of these expressions are: ‘There is a guarantee condition and a Findeks report is required’, ‘It is given to officials or students whose family is a guarantor officer and 6 months in advance’, ‘There is a guarantee condition for goods in value of 50,000 lire’ , ‘It is rented to a public official or a public official is required’ ‘, ‘Only given to public officials or persons with public officials’, ‘At least 2 guarantors must be presented.’
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7 OUT OF 10 PEOPLE ARE BACK
The real estate consultant we interviewed in Ankara explained that the landlords who had bad experiences in the past and could not collect their rent resorted to this method and said: There are people who want one even from the tenant candidate who is a civil servant official guarantors. 7 out of 10 people who come to our office to rent a house say they don’t have a guarantor.” A real estate agent in Istanbul, meanwhile, said he hadn’t done any rental transactions without a guarantor in the past few months. The real estate agent, who stated that he received a guarantor’s signature at the same time as the contract, continued: “Being a guarantor is the first choice. Some landlords even want two guarantors together. In some cases, SGK company guarantors are also granted for those who do not know any civil servants. Documents are requested from this person that he works in the company. There are also those who would like to have the payslip, service breakdown document, and Findeks report. Tenants have gotten used to it too. Don’t be surprised as all real estate agencies have similar requests. Occasionally in recent years
The duty of surety has now become a basic rule.”
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INCREASE BY 159 PERCENT
Although the rate of increase is slowing, rents continue to rise. According to the November Rent Report prepared in cooperation with Bahçeşehir University Center for Economic and Social Research (BETAM) and sahibinden.com, the annual growth rate of the average rent per square meter in Turkey was 159.2 percent in October, while the average rent per square meter increased to 62.2 TL. The annual rent increase rate was 145.6 percent in Istanbul, 168.4 percent in Ankara and 158.6 percent in Izmir. Average square meter prices for rental apartments were announced as 88.4 TL in Istanbul, 42.9 TL in Ankara and 62.1 TL in Izmir. Although the annual rate of increase in rental prices, which was 166.4 percent in September, fell to 159.2 percent in October, the average rent price per square meter in Turkey, which was 24 TL in the same period last year, increased to 62.2 TL experienced an exorbitant increase.
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ATTENTION!
The President of the Real Estate Law Chamber, Ali Güvenç Kiraz, stated that landlords have the right to require a guarantor in rental contracts and warned: “First of all, the guarantor is liable only within the period specified in the contract. For example, a 1-year lease was signed, renewed each year, and the lease reached 5 years. The person who is the guarantor in the contract phase takes responsibility for the first period of 1 year. If the apartment owners cannot get their rent from the tenant and prove it, they go to the guarantor and cannot claim directly from the guarantor. There is also the “co-guarantee” model. This area can cause significant discomfort. Namely; Signing under this model gives you the title of direct debtor. If the landlord wishes, he can request that he receive it directly from you without going to the tenant first. Someone who has campaigned for a house to rent to a friend in the past can be in for a nasty surprise, like a lien on their salary.”
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