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Guarantor Mortgage from parents over 70 (but have a large residual business income)

Darwin88 · 2013-06-04 21:44:39

Hi, First post, I've searched many forums and websites but can't seem to find any solid information on this subject. I'm posting this thread in the hope someone may be able to help me directly. I'm self employed with a business income of around £2000 per month. I've never been a home owner before but my partner has, so we…

Comments

Thrugelmir Posts: 89,546 Forumite

5 June 2013 at 5:17PM

somethingcorporate wrote: »

It makes it somewhat awkward for those that do not quite fit the norm but doesn't mean it is any less reasonable!

Lenders prefer the norm. There's not enough profit in mainstream mortgage lending to cater for the extremes.

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