Someone else can guarantee your mortgage
If you’re struggling to get a mortgage to buy your first home, you might want to consider a guarantor mortgage.
This means a parent, guardian or close relative agrees to be responsible for paying the mortgage if you cant.
Guarantor mortgages shouldn’t be entered into lightly. They’re legally binding arrangements.
Your guarantor needs to be able to afford to pay your mortgage if you get into difficulty.
You’ll need to talk to a mortgage broker to find out more about which lenders offer guarantor mortgages.