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Mortgage With Family Guarantee | Leeds News
Metro Bank’s new 100% mortgage is shaking up Britain’s housing market—first-time buyers can now borrow the full value of a home, with a parent or grandparent co-signing as financial backup. No ownership for the family member, just added security. Tighter lending rules and soaring prices have made deposits nearly impossible, so lenders are turning to family support. Both buyer and co-signer face strict income checks, and terms are fixed for five years—no new builds or commercial properties. While it’s a lifeline for many, it’s a serious commitment: missed payments hit the co-signer’s credit…
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