Can I buy an investment property with a guarantor loan?
And thanks for the info about guarantor loans on your website, it was really helpful!
investment guarantor loan!?
- Otto Dargan
- Mortgage Specialist
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- Joined: Sat Sep 06, 2008 5:55 pm
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Re: investment guarantor loan!?
Yes you can use a limited gurantee from a family member to help you buy an investment. The exact rules that lenders have for this situation vary significantly. Some do not allow people to buy investments, others will allow investment but only if your asset position is good and others will allow you to buy an investment before you have even purchased your first home.