Hi there does anybody know if it's possible to get a 100% mortgage anywhere, i have assets but they are pretty illiquid!!
Can i go to a provider and get a mortgage in my circumstances??/
Any help or pointing in the right direction would be greatly appreciated.
Questions And Answers
asked by Ana Miran posted 2 Years ago at 14:54
1-1 of 1 Answers
Jill Bakeworth answered 2 Years ago at 20:52Hi Ana - I don't know your circumstances but you might want to have a look at something new called a 100% LTV Family Guarantee Mortgage. It seems to be designed for families who wish to help out their children.
A family member must provide a guarantee with the guarantee being security on their property and must cover at least 25% of the child’s new mortgage. The total combined liability of all the secured debt (mortgages,loans..) cannot be more than 75% on both properties.
I don't know if this helps you at all. Jill
About Q&AGet your questions answered by a unique network of professionals and fellow consumers for free. Share your knowledge and experiences by answering other consumer questions from the Total Investor community.
- General Topics
- Finance & Mortgage
- Wealth Management
- Retirement Planning & Annuities
- Offshore, International & Expat
- Estate Planning
- Group & Corporate Business
- Campaign Board
- Lifestyle & Planning
- Legal Matters
- Tax & Accounting Matters
- Property Matters
- General Insurance