GUARANTOR MORTGAGE — HIGH-VALUE PURCHASE

The Situation: A young couple wanted to buy in an upscale Manchester suburb, but their combined income wasn’t sufficient to borrow at the level needed.
The Complexity: The purchase price exceeded standard borrowing multiples, and without creative structuring the purchase simply wasn’t viable.
The Approach: A joint borrower / sole proprietor arrangement was structured using a close family member’s high net worth profile.
The Result: Purchase completed at a price point the buyers couldn’t have reached independently, and all with first time buyer tax reliefs.