With house prices being so high, we are often asked how family members can help younger relatives buy their first home. A ‘Family Assist’ mortgage can be the solution. In summary, it allows a borrower to access up to 100% of the value of a property they wish to buy. Family members provide security of up to 20% of the property value by using either cash savings or the equity in their own home. Contact us for more information about how this could work for you.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. We normally charge a fee for arranging your mortgage. Our standard fee is £299. Your initial consultation is free.