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@bobble
C+P from the owning your own home thread incase anyone here might know. Cheers...
Realise these are 2x questions for a mortgage broker but would really appreciate any bank holiday weekend advice please as can't chat to one...
Is a having a guarantor on your mortgage purely to help if you lack deposit or are struggling to get approved, or can you use them to borrow more than a multiple you have been offered (say 4.5x instead of 4x) offered to you?
If you get a further advance say 2 years into a 5 year fix, would you current lender offer you a similar rate and you'd have like a second mini monthly mortgage you'd renconile as one at the end of the 5 years? Or do they shaft you? Guessing can't go elsewhere for it by definition of a 'further advance'