GUARANTEES AND CO-BORROWINGA guide to help supplement your researchGuarantee and Co-Borrowing Agreement • March 4th, 2022
All methods of guaranteeing and co-borrowing all have one thing in common; you don’t need to pay any cash upfront but are legally required to support your child if they need it at any point. This could be by helping with repayments if they’re struggling or by putting your property at risk if they need to sell the house and the amount isn’t enough to cover the loan outstanding.
