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Mortgage - Also a guarantor
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CHJM123
Posts: 1 Newbie
All,
First post
hi.
I am sadly in the position that me and my partner may be going separate ways, we own a lovely home but it looks like its coming to an end etc.
Currently have about 20 months of a 5 year deal left so I will need to check what fees are but suspect going to be costly to get out early.
I am currently also a guarantor on a family members mortgage, I am more than financially comfortable with earnings to effectively cover my own (in full) and his mortgage but I wondered how I might be viewed by banks trying to seek a sole mortgage for myself?
Credit score 999 etc with reasonable savings... all I hope might help make the gurantor element not such a issue?
Anyone tried to get mortgage whilst acting as guarantor etc?
Any comments or help appreciated.
Chris
First post

I am sadly in the position that me and my partner may be going separate ways, we own a lovely home but it looks like its coming to an end etc.
Currently have about 20 months of a 5 year deal left so I will need to check what fees are but suspect going to be costly to get out early.
I am currently also a guarantor on a family members mortgage, I am more than financially comfortable with earnings to effectively cover my own (in full) and his mortgage but I wondered how I might be viewed by banks trying to seek a sole mortgage for myself?
Credit score 999 etc with reasonable savings... all I hope might help make the gurantor element not such a issue?
Anyone tried to get mortgage whilst acting as guarantor etc?
Any comments or help appreciated.
Chris
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