Help your Child to Buy - Guarantor Option

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.

Your children:

• are jointly liable for the repayment of the mortgage
• take full responsibility for owning a property – no more rent or living at home!
• Benefit from better mortgage products based on your guarantee
• Can take over the mortgage fully at a later date
• May need little or no deposit
• benefit fully from selling if the property increases in value

For you:

• are jointly liable for the repayment of the mortgage
• Your income and assets alone are considered in the mortgage application
• Some mortgage lenders consider your age
• Tax position is unaffected
• Satisfaction of helping your child onto the property ladder

We provide the full conveyancing service and introduce you to market leading mortgage advisors, conveyancing solicitors and RICS surveyors.

You should consider:

• You will not be boosting your child's deposit and gaining them access to a better mortgage rate
• You will be liable for all mortgage repayments should your child default; this may affect your credit rating
• If you cannot pay the mortgage then the property could be repossessed and any difference payable by you and your child jointly
• You will not be listed as an owner on the property deeds
• Your children will not own the property outright until they buy you out; this is a longer-term commitment

Other options available include Equity Release schemes and Offset Mortgages. Our mortgage advisers are on hand to discuss these and other vehicles that may be of relevance. Please contact us for more details.

For more information call now on

0207 112 5388

Buy GiftGuarantee Loan

Help your Child to Buy Buying a home with your children can help them get onto the property ladder because you increase their buying power with your salary and additions to deposit funds. You also keep control because your name is 'on the deeds' as your children gain in independence and responsibility stemming from looking after the property and keeping up monthly repayments. Find out more about the Help your Child to Buy - Buying Option

Help your Child to Buy - with a Gift At Share a Mortgage, we give you the option to gift a property to your children. You can either gift a large enough deposit so that your child can get a mortgage, or the full value of the property. Remember, you can gift any amount of money to your children tax free. Find out more about the Help your Child to Buy - Gift Option

Help your Child to Buy as a Guarantor 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. Find out more about the Help your Child to Buy - Guarantor Option

Help your Child to Buy with a loan 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. Find out more about the Help your Child to Buy - Loan Option