Get on the property ladder with help from a family member

Sometimes you just need that extra bit of support or backing to be able to get the mortgage and therefore the property you want.

Having a family member connected to your mortgage can give you a major boost to your borrowing figures and give the lender reassurance you can afford the payments.

The lenders will potentially feel more comfortable lending to you if you have a parent who can support and “guarantor” the mortgage to initially support the application by showing their extra income can help support you and additionally if things go wrong indeed to have the income to step in and cover the mortgage payments.

Based on 25 reviews
Pat Traynor
Pat Traynor
2022-10-15
Paul was very helpful in sourcing the best equity release deal at a time of sudden increases in interest rates. He kept me Informed during the process and was always available to answer questions. I raised the money to help my daughter buy a bigger flat.
Tim Whitcher
Tim Whitcher
2022-10-09
Very professional and personable, Paul always had the time to ensure that we understood everything and that we got the best deal possible that was right for us.
Cally Bravington-Smith
Cally Bravington-Smith
2022-09-21
Paul has been exceptional during the course of this year helping us buy our next property, his support and guidance through a lengthy and tricky transaction was second to none. Paul is very personable, and unlike many other brokers would work outside the normal 9-5. Always had our best interests in the forefront. Highly recommend 🙂
Charlotte Faucher
Charlotte Faucher
2022-09-19
Benefiting from Paul's expertise to help us secure our first mortgage was very precious. Paul was always available to answer any query we had, and he submitted our application very quickly once we had gathered our documentation. I've already recommended the company's services to friends!
Louisa Smurthwaite
Louisa Smurthwaite
2022-08-03
Paul helped me find a new mortgage. His knowledge was invaluable. Adding to this, he was extremely patient with me while we navigated some complex decisions. Thanks Paul, amazing service!
Sinead Ennis
Sinead Ennis
2022-07-18
The whole process of getting the right mortgage was made easy, with continued support all the way through. Highly recommended.
Daniel Lee
Daniel Lee
2022-06-17
My girlfriend and I are buying our first home and Paul has been absolutely fantastic every step of the way. He’s knowledgable, friendly and very approachable, regardless of the time of day, even replying to emails at gone 9 o’clock at night! Would definately recommend and will definately be using in the future!
Chris Healy
Chris Healy
2022-06-13
Paul has been incredibly helpful and informative every step of the process of me owning a property, as a first time buyer there was I lot I didn't know and he's really gone the extra mile for me.
Paul Ho
Paul Ho
2022-04-15
Paul's dedication, expertise and attention to detail was instrumental in securing the deal for my house purchase. In my opinion his fees was money very well spent, and would recommend him without hesitation.
Panos Savvas
Panos Savvas
2022-04-01
Paul worked with me and my wife to find the right mortgage and insurances needed for our new home. He's is very knowledgeable and professional. I never felt rushed or uniformed. He really went out of his way to ensure we had all the information we needed and guided us through the process. Beyond that Paul went above and beyond in working with our conveyancer and the estate agent to assist in our exchange and completion. I would not hesitate to recommend him or use him again in the future.

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Guarantor Mortgage or Joint Borrower Sole Proprietor

Best let to buy mortgage advice

There are namely two options for family members to be able to support you with your mortgage officially.

The difference between the two has become minimal as the years have gone past with Joint borrower sole proprietor or JBSP for short becoming the typical route nowadays but Guarantor mortgages are still certainly around.

The main difference between the two is that a Joint borrower sole proprietor mortgage means that you can apply with someone who’s willing to accept joint responsibility for making mortgage payments without having a legal claim to the property.

This point alone has significant stamp duty saving implications, as more often than not the parent helping will already have a property and won’t ideally want to “own” your property if they’re helping you out. If they do they’ll be typically likely to have to pay stamp duty as they would now own technically a second property, which is where stamp duty can kick in for them.

This differs from a guarantor mortgage, as guarantors only become liable for the debt if the mortgage applicant can’t make them at all. Both you and the non-proprietor applicant (non-owner) will need to show that you can afford the mortgage payments.

Complete your details below and we’ll be in touch to help you with your enquiry 

Contact Us
You voluntarily choose to provide personal details to us via this website. Personal information will be treated as confidential by us and held in accordance with GDPR May 2018 requirements. You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone. By submitting this information you have given your agreement to receive verbal contact from us to discuss your mortgage requirements.

Either Guarantor or Joint borrower sole proprietor mortgages could be a very useful route to get you on the property ladder.

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You should always speak to your solicitor to obtain the most up-to-date relevant tax implications for your circumstance.

The slight complication with either of these options though is typically the lenders will need to factor in the “Guarantors” personal financial circumstance and this would include things like their current mortgage, credit commitments, income and credit score to name a few.

Equally this arrangement need not be forever and some years down the road with your finances improved to the level where you could take on the mortgage in just your own name, you could then look to remortgage and remove the guarantor from the mortgage.

Speak to one of our mortgage brokers today and we can work out if this route is best for you and how you could go about setting it all up.

Complete your details below and we’ll be in touch to help you with your enquiry 

Contact Us
You voluntarily choose to provide personal details to us via this website. Personal information will be treated as confidential by us and held in accordance with GDPR May 2018 requirements. You agree that such personal information may be used to provide you with details of services and products in writing, by email or by telephone. By submitting this information you have given your agreement to receive verbal contact from us to discuss your mortgage requirements.

Your broker here to help

Often the lenders will make assumptions or even worse let the computer make the decision on whether to lend to you. This is where we step in and help advise and arrange to ensure you get the correct mortgage and consideration by the lender at the application stage and we present your application in the best possible light; therefore increasing your chances of acceptance at first application. 

Our team of mortgage brokers are here and ready to assist you and we can speak at a time convenient for you and even over a video call if you prefer a face-to-face conversation with your advisor.

Why choose us

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✅ Access to over 80 lenders so you will get the best rates available with many of these lenders not available on the high street which are exclusive to brokers

✅ Experienced advisors, so you’re in the safe hands of our advisors who will be able to assist whatever your circumstance

✅ Real relationships with the lenders so we can get your application pre-approved if your situation isn’t straightforward

✅ We’re quick, on our first call we will quickly establish your options and let you know the next steps so we can arrange everything promptly for you