Could a guarantor mortgage help you secure a home?
If you’ve been saving up to buy your first home, it may feel like the goalposts have been moved. First-time buyers are often told to save between 5-10% for a deposit on their home. But the impact of coronavirus means that lenders are likely to be demanding double this figure, Ian Potter, Pembroke Financial Services’s Principle Mortgage and Equity Release Adviser, explains why.