In today’s world many want to be home owners have difficulty getting onto the housing ladder and need help from friends or family via a guarantor mortgage.
Guarantor mortgages are also often referred as parent mortgage, the use of these types of mortgages allows parents to help get on the property ladder, these mortgages are come in a variety of different options, these include gifted deposit mortgages where the parent puts the initial deposit for the purchase of the home giving their child a big step up on the property ladder.
Another type of family mortgage is where the parents set themselves as a guarantor, this means that if there is a missed payment then the parent is responsible for repayment of the mortgage debt. This can be used for those of us who may have an adverse credit rating, with help from a parent as a guarantor this could be used for those of us who may have difficulty getting approved for a mortgage.
Family Offset MortgageWith this type of mortgage money is put into a saving account that is linked with the mortgage, the savings is deducted from the mortgage amount reducing the monthly repayments. This is becoming an increasingly popular mortgage option, the downside is that the money is often not easily accessible or if removed could significantly increase the mortgage payments.
We give you access to a wide selection of mortgage types from numerous mortgage lenders, when you complete our simple online enquiry form you will receive qualified mortgage advice from an experienced mortgage advisor, they will be happy to answer any questions you may have and help you guide you through the mortgage process from beginning to end, starting with finding the best mortgage plan from a panel of lenders to paying the mortgage out allowing you to purchase your new home, all mortgage quotes are free and you will be under no obligation to proceed.
Qualified Mortgage AdviceWhen you enquire online via this website your application will be passed to a qualified mortgage advisor who will work with you to understand your needs and requirements, and search for a mortgage from our panel of lenders to find a plan that is best matches your circumstances.
By giving you access to qualified mortgage advisors who will work with you from getting a detailed fact find, through to the completion of your mortgage, we hope that the whole process goes through as efficiently as possible with as little problems as possible. At any point through the process your dedicated mortgage advisor will be available to answer any questions or queries you may have.
To receive a no obligation free mortgage quote, please simply complete our simple online enquiry form or call us on 0800 0839 623