100% Guarantor - Not Currently Available
100% Guarantor Mortgages have previously been available within the island to first time buyers who have third parties (such as parents or family members) willing to act as guarantors against funds borrowed. Lenders who offered this type of product required the guarantors to provide additional security - in order for the applicants to meet the required criteria. Unfortunately, this type of mortgage is not currently being offered by any providers locally, but we hope they will be reintroduced in the future.
If you are interested in finding out more about alternative mortgage options, speak to us at the Mortgage Shop. Our friendly team of independent specialists can advise on your eligibility, detail the associated requirements, and seek out the best options available to you.
Contact the Mortgage Shop today for our Five Minute Review of your circumstances and take a big step toward securing your first home.