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parents helping with mortgage

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  • betmunch
    betmunch Posts: 3,126 Forumite
    Another option to consider to avoid the btl interest rates would be a mortgage for a dependent relative.

    You've made the right decision in speaking to a broker, but are your parents? They are the ones buying the place after all.

    I suspect everything will be in place after that meeting
    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.
  • dimbo61
    dimbo61 Posts: 13,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Have you got any savings ?
    Started a Help To Buy ISA ?
    Could the Bank of Mum and Dad help you with a GIFTED DEPOSIT
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