Mum as Guarantor
Posted on 2 November 2017 by Caroline Stead
I am separated from husband who is prepared to take his name off mortgage and walk away from his share. My income will not cover the mortgage. Can my mum who is 66 has a house without mortgage worth approx £200k and money in the bank be a guarantor?
Having your mum as guarantor is certainly an option to look at, however without knowing more about your situation, I can't say whether it would be the best option for you.
If you'd like to talk through your enquiry, then please get back to me, and I'll arrange for you to speak to one of our consultants.
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