Mortgage for 19 Year Old

Awakeatlast

My daughter is looking for a mortgage on a home. 

The LTV is 37.5%.
The mortgage is roughly 2x her income.
She has 3 people who can act as guarantors.
The home does not need any work doing on it and it is good repair.

Please can anyone direct me towards a broker or provider who deals in these sort of mortgages.

Thank you in advance

ACG

This sounds like it will be a brokers easiest case ever!
Even a terrible broker should be able to get this placed haha. 

MWT

Awakeatlast said:

Please can anyone direct me towards a broker or provider who deals in these sort of mortgages.

Not sure what you are worried about, this is just a normal mortgage.

She may be a little light on work and credit history, but she obviously has a large deposit and is well inside her affordability which will mitigate those concerns.

She should just pick a lender or a broker if she wants and proceed.

She can always post here herself if she has questions...

Grumpy_chap

Awakeatlast said:

My daughter is looking for a mortgage on a home. 

The LTV is 37.5%.
The mortgage is roughly 2x her income.
She has 3 people who can act as guarantors.
The home does not need any work doing on it and it is good repair.

Please can anyone direct me towards a broker or provider who deals in these sort of mortgages.

Thank you in advance

Seems a straightforward proposition and should not need Broker.
Nor should Guarantors be required.
She will need to provide proof of source of funds for the deposit.

Jemma01

Is the question because the deposit was gifted to her and the bank would know since her bank and source of funding would show that?

Do you have any concerns about her ability to keep a job long term? Is she in probation period at work? Are you confident that her spendings are reasonable and wouldn't concern the lender?

There's a post around here titled something like "ask a mortgage broker" worth posting there.