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advice sought - 1st time buyer
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atty_2
Posts: 2 Newbie
first time buyers (1 with a poor credit history) with a guarantor seeking a 100% mortgage... who should they go to?
0
Comments
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when you say bad credit how bad and what is their occupations. depends on that really.
a lot of lenders wont do guarantor mortgage unless the person will be able to take on the mortgage themselves in near future.
example... trainee accountant with dad guarantor YES,
shop assistant with dad guarantor NO.0 -
Graduate mortgages also offer higher income multiples - need to check up on the 100% though - not sure if this is an option.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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