On this week's pod we had Julian Finch, mortgage broker extraordinaire on to talk about guarantor loans. 'Going guarantor' is a popular method for young homebuyers looking to get their foot on the property ladder, and for their parents to offer a lending hand without necessarily giving away a large wad of cash. But as Julian explains there's a few risks to consider, as well as the benefits. He was last on way back in episode 34 in September 2023 if you want to give that a listen too.
01:00 - Savings tip, shop around for insurances
02:16 - How popular are guarantor home loans
02:55 - Benefits
04:08 - Drawbacks and risks
06:15 - Better lenders to deal with
08:15 - Home guarantee scheme
11:56 - Parents and kids getting it right
