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advice or is it possible

Need help , dont know where to turn for advice. I rent in London with a decent wage. My parents live in Glasgow but are reaching end of term of their mortgage which only has the interest getting paid. Due to problems their mortgage insurance will never cover the final payment in 3 years. If they put up a downpayment of about 40000 can I apply with my father for a joint mortgage, he still works though he is 62. I am not a first time buyer as had a mortgage 10 years ago before moving south. Which lenders would look at our situation?
Thanks in advance for any advice

Comments

  • amnblog
    amnblog Posts: 12,761 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    There should be ways around this. Consult a good broker.
    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.
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