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advice on guarantor mortgage

my son has recently graduated as a teacher. At the moment he has a potential income of £18,500 per year, but no permanent contract. (He will doing supply teaching) Is it possible for him to get a mortgage as a first time buyer with me as the guarantor, as I am a home owner with a good permanent salary. If so would it be best for me to approach my current building society, the Halifax.

Comments

  • MortgageMamma
    MortgageMamma Posts: 6,686 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It is possible for him to get a mortgage with you as guarantor but I'm not sure about the supply teaching bit. I will ask a few of the more flexible lenders I know and come back to you
    I am a Mortgage Adviser

    You 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.
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