Role of the Lead Tenant
The lead tenant role does not affect referencing or the tenancy agreement (contract). All tenants are jointly and severally liable - meaning they have the same obligation, whether lead tenant or not.
We simply set the lead tenant as the person who makes the initial application and holding deposit payment.
If the Lead Tenant a is Guarantor or is No Longer a Part of the Application
If the lead tenant is a guarantor or is no longer part of the application then the only way to rectify this is for the landlord to cancel the current application which will trigger a refund of the holding deposit. One of the tenants for the application can then reapply directly and any guarantors can be added to the new application.