Why consider a Guarantor loan?
With the help of a guarantor you can borrow over 100% of the purchase price. This will allow you to buy a home and pay for purchasing costs such as stamp duty and legal costs.
Guarantor loans have several benefits:
You do not need a deposit, allowing you to buy a home now.
Save money as there is no LMI (Lender Mortgage Insurance) premium to pay.
You may also allow you to consolidate other minor debts such a credit cards or personal loans.