Family Guarantee

Supporting those first steps. Looking for an opportunity to buy without raising a deposit? Our 100% Family Guarantee mortgage could be the solution for you.
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Looking to buy without raising a deposit? Our Family Guarantee mortgages offer 100% loan-to-value to help you get on the property ladder, or simply move up.

What is Aldermore's Family Guarantee Mortgage?

For first or second time buyers struggling to get enough cash together for the deposit on their new home, a 100% mortgage could be a lifeline.

Aldermore's Family Guarantee Mortgage is designed for first or second steppers who have little or no deposit but do have a parent, step parent or grandparent able to provide a guarantee secured against their residential property.

Key benefits

  • Simple application process.
  • Available up to 100% Loan to Value (LTV), subject to guarantee.
  • No deposit - enables applicants with little or no deposit to purchase a property.
  • Guarantee - the loan is secured against the guarantor's residential property requiring no cash in the form of a gifted deposit.
  • The amount of the guarantee is capped.
  • Available on either our 2 or 3 year fixed rate products.

Please note: the minimum age for applicants is 21 years, and the maximum age of the guarantor is 70 at the end of the 10 year guarantee period. Applicants must be able to afford repayments on the full 100% advance and have a clean credit profile.

Our Family Guarantee Mortgages


Latest Rating and Reviews

3 Year Fixed Rate Mortgage (70% LTV)

Very upsetting experience.

I wanted to buy a new house with a little more space and some character. I sold my house and found a house I liked I asked Aldermore for a new mortgage and they agreed. Then everything went horrobly wrong. Aldermore insisted I use their solicitors who turned out to be shockingly bad, I asked if I could change for better ones, they said no. The purchase of the new house should have takens 2 to 4 weeks, there is no chain and its effectively a vacant possession. Yet neary 3 months on there is no sign of it ever being completed and I am living out of my car. The whole experience has been horrifically expensive and one I would never wish to repeat. If I could go back in time and choose an alternative I would.

28th March 2016
2 Year Fixed Rate Mortgage (85% LTV)

Excellent for people with credit rating issues

Aldermore were fantastic and treat you like a real person rather than a computer says no approach. Myself and my wife could easily afford the mortgage we needed, but nobody would go near us because of a minor credit rating issue for my wife (a £5 discrepancy in a phone bill that was showing as a default!). Aldermore look at the bigger picture and after an appeal we were granted a mortgage and we're now in a new home. Would Defnitely recommend they are super fast as well as very helpful. You get the impression they want to help you, rather than desperate to find any opportunity to decline you

3rd February 2016
2 Year Fixed Rate Mortgage (85% LTV)

Fantastic quick completion

I loved working with Aldermore because it was straight forward, my account manager had updates for me and was great throughout the process. Their turnaround time was 2 weeks during the christmas period which I found was impossible with any other lender.

25th January 2016
2 Year Fixed Rate Mortgage (85% LTV)

Excellent Service Throughout

Mark R handled our case from start to finish. He took us through the whole process and his attitude was first class. After passing the DIP stage, we proceeded to full application and received an offer approximately two weeks later. This would have been within a week, however was delayed by our employers. After receiving our offer we proceeded to exchange and completion with no hassle at all. Mark R and Aldermore were excellent throughout and the whole process was professionally handled.

2nd December 2015
3 Year Fixed Rate Mortgage (70% LTV)

Very good service

I am very happy with the service I have received from Aldermore, the staff members were always very helpful when I called and I am happy with the mortgage that I have taken out. There was very good continuity and communication during the application process.

1st December 2015 OG10