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Mortgage companies that will let me have a guarantor???

benbenandme
Posts: 12,364 Forumite


Partner left me 6 months ago, have a 2 year old child and I work 16hrs per week. Have looked at my finances and can afford the mortgage payments on my own. I planned to buy-out ex-partner and my parents are happy to act as guarantor on my mortgage, but when I spoke to Abbey National they say they won't use guarantors anymore. Does anyone know any mortgage companies that will still use guarantors?? Am desperate to get him off mortgage so I can move on with my life and he is happy with that too but hadn't expected it to be a problem with Abbey as parents have paid off their mortgage and are happy to help!
Any info gratefully received !!!!
Any info gratefully received !!!!
Mortgage Total: £51,549 / £75,000
Mortgage Overpayments Pot £1263
Mortgage Overpayments Pot £1263
0
Comments
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There are several high street lenders that could look at a guarantor scneario for you - however whether or not they are happy to agree the scheme will depend on your circumstances.
Some lenders will place the guarantor on the mortgage deed whilst others will not - the later makes re-mortgaging an easier and cheaper experience.I am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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