Guarantor Mortgage – Guarantor mortgage refers to a mortgage where the guarantors are usually parents or close relatives who accept liability in the event that the applicant defaults on their payments. Lenders may ensure that guarantor mortgage applicants earn sufficient income to afford their own expenses as well as the mortgage repayments before offering a package to the individual. With such expensive house prices and large compulsory deposits, guarantor’s may be able to assist young people, often those with high earning prospects, to purchase their first property in this economic climate. Alternatively, guarantor mortgage solutions can be found for those looking to support parents or elderly members of their family. Guarantors for a mortgage are able to accept either full liability for the mortgage or partial liability depending on their financial situation
As mortgage brokers, Capital Fortune specialise in guarantor mortgage solutions. We are able to offer you the advice and assistance required to secure the optimum financial result. It is important that our guarantors are aware of their options to enable use to find the right solution based on their individual circumstances. Our expertise and links to existing lenders will facilitate the process and help us secure a great deal for you.
Capital Fortune are experts in finding guarantor mortgage packages for our clients at with the right lender at the right time and importantly with the right rate.
Call our mortgage broker team now on 020 3 216 2037 or complete the Mortgage Enquiry Online. As part of our service, we will call you back.