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Self empoyed, joint mortgage with my 70yr old dad

I am looking to remortgage. Currently with Darlington who are offering a discounted rate of 2.31% off the SVR 5.95% tied in until 31.1.2017. Interest only and I have no repayment vehicle.

I am self employed on £10,000 per year so have a joint mortage with my dad who is now 70. (got divorced 2 years ago so no other option)

Anyone any ideas who else would lend to me. I've checked loads and either I have to have a repayment ending in 5 years or my dad is too old.

Comments

  • Dave_Ham
    Dave_Ham Posts: 6,045 Forumite
    Tenth Anniversary Combo Breaker
    Sorry, what is the issue with the Darlington offer?
    I am a Mortgage Broker
    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • GMS
    GMS Posts: 5,388 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    How much do you want to borrow? How much is the property worth?

    What is your current plan to repay the capital borrowed?
    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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