Can I add a Guarantor or a joint hirer?
Our finance expert Matt says...
Yes you can, if the lender believes it will strengthen the application, and, give us a better chance of having an approval then one of our experts will look into this option for you. Majority of our applications however are strong enough in a single name only. A Guarantor is usually only required dependant on your age.
Adding a Joint Hirer can also be an option. This could potentially help when it comes to affordability and securing the best rate possible.
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Lending £15,000 over 7 years with a representative APR of 6.9%, an annual interest rate of 6.9% (Fixed), would cost £217.57 per month, with a total cost of credit of £3,275.88 and a total amount payable of £18,275.88.
Rates may differ as they are dependent on individual circumstances. Subject to status.