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
1005 Mortgage
asked by
Ana Miran
posted 2 Years ago at 14:54
1-1 of 1 Answers
Jill Bakeworth answered 2 Years ago at 20:52
Hi 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
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