Aldermore’s 100% home loan is available if a family member is willing to guarantee any borrowing above 75%A mortgage offering homebuyers the chance to borrow 100% of the cost of their property has been launched by Aldermore bank.The Family Guarantee Mortgage is the first home loan available to buyers without a deposit since the credit crunch. However, the deal, which is available to first-time buyers and movers, has an interest rate of 6.48% and borrowers must find a relative willing to guarantee any borrowing above 75%. Continue reading…
Source : theguardian.com
Read more…The 100% mortgage is back … if your relatives will lend a hand















