Mortgage Guarantor

This is a person who will guarantee that the mortgage payments are made in the event that a borrower is unable to do so themselves. A Guarantor is usually a parent or relative of a borrower and would be fully liable for the repayment of the mortgage should a borrower default. The Guarantor should be confident that the borrower will be able to meet their monthly mortgage payments.

Lenders would normally insist that the Guarantor take independent legal advice before making a commitment of this type.

Concept Mortgages Ltd is an appointed representative of Personal Touch Financial Services Limited which is authorised and regulated by the Financial Services Authority
Concept Mortgages Limited is a Company registered in England no. 6213893