Mortgage advice

[lovenancy]

Seeking advice for a friend who is divorcing but can't afford to take on the mortgage on her own - is there any way her Dad could come onto the mortgage even though he is a pensioner?
Thanks in advance,

The best place to as is the bank you want to borrow the money from. Each lender will have slightly different criteria.

Thanks Bluebell9, that's the next step. Was hoping others may have been in this position.

Not an easy one at all - going through similar!!

my dad lent me some money so I could increase the equity in the house and reduce the mortgage to a level I could afford. Is this an option for your friend?

Not sure if the mortgage company would allow a pensioner to be on the mortgage as they need to be sure that the mortgage will be repaid for the duration of the mortgage term.

OP, rather than having someone lend the money or be on the mortgage they could look at a parent offset mortgage.

Ok so you can't be on a mortgage if you don't have an income and guarantor mortgages don't exist I've been through all of this.

Depends on the pensioner income. Some have large enough private pensions to go on mortgages yes - I would find a good mortgage broker. I was able to remortgage as my income was high but it was still a stretch but I really wanted to keep the house and get my ex's equity out of the house and his name off the title deeds and mortgage and get a clean break.