At Share a Mortgage, we give you the option to buy a property with your children with you acting as guarantor for their mortgage. As guarantor, mortgage lenders are more likely to lend and may offer a larger mortgage.
The mortgage lender takes into consideration your income and assets which boosts the buying power of your child, with the additional security that you pay the mortgage if your child doesn't.
At Share a Mortgage, we give you the option to loan your children money to buy a property. Your loan not only gives your children more buying power but means that the mortgage figure they need to buy their home will be less and monthly repayments will also be lower.
You set the conditions for your loan; when and under what circumstances it is to be paid back.
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