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Mortgage Guarantor
Comments
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And I have an agreement from my last place, I do not think this is the problemhe walked out of two well paid jobs, not very clever for a 38 year old.
My father would had given me 9 minutesI have been "helping" for nearly nine years.
I refer to my previous answerA better solution may be to offer to be a Guarrantor for a fixed period - say 2 years. After that the mortgage is theirs alone.
My father would had given me 9 minutes
Kate 87 gives a very good reasoned answer!
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OP, what do you think being a guarantor entails?
You guarantee to pay the loan (arrears, charges, on-going payments) in full in the event the principle borrower defaults.
If you understood this then your posts do not make this clear because your answers are contradictory.Thinking critically since 1996....0
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