Would you ever consider being responsible for someone else’s mortgage? Or their rent? Or a debt? What if it was someone you loved and wanted to help?
That’s exactly what guarantors agree to do. Felicity Hannah, callers & an expert panel discuss how it works, why it’s needed and what happens if something goes wrong.
We hear the experience of Philippa, Clare, Peter, Tim & Geraldine alongside advise from:
Jayastri Lowe, Money Advice Manager for Citizens Advice Stoke-on-Trent and Staffordshire North.
John Wightman, Head of Practice for Lending & Affordability at the Financial Ombudsman Service.
Gary Rycroft, senior partner & solicitor at Joseph A. Jones & Co, based in Lancaster.
And you are access more information about being a guarantor via:
www.citizensadvice.org.uk/housing/renting-a-home/using-a-guarantor
www.financial-ombudsman.org.uk/consumers/complaints-can-help/credit-borrowing-money/guarantor-loans
Producer Smita Patel
Editor Emma Rippon
