From: "Robin Graham" 
Newsgroups: uk.finance
Subject: Re: Mortgage - joint
Date: Thu, 1 Apr 2004 08:16:03 +0000 (UTC)


"FJDx"  wrote in message
news:c4fhk2$a70$1@sparta.btinternet.com...
> I currently live with my parents and am having difficulty getting a
> mortgage based on my own salary (even though I have 20-30% deposit). Would
> they allow for one of my parents to apply for a joint mortgage with me,
> therefore taking their salary into account? I know that the income
multiple
> is there to protect me but I am confident that I would be able to make the
> required payments each month based on the mortgage amount I want - the
only
> problem is that lenders are strict about their 3.5-3.75% multiple.
>
>
This is no problem with a lot of lenders. Your parents would be what are
called guarantors and it should be perfectly possible to arrange such a
mortgage.

Rob Graham