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JackCousinsMortgages · Finance · Protection · Consultancy
Mortgage services

Family-assisted mortgages

Family help can take different forms: a gift, additional borrowing support or savings linked to a lender's product. I explain what each person would be committing to.

Agree what the help really means

A gift normally needs to be genuinely non-repayable on the lender's required terms. A loan, a guarantee or a savings-backed arrangement is different and must be disclosed. We identify the intended ownership and repayment responsibility before selecting a route.

How I approach the case

We begin with what you want to achieve, your timescale and any part of the case that needs explaining. I review the evidence and suitable lender routes, then explain the available options and their costs. A recommendation follows the individual assessment; an initial conversation does not commit you to an application.

Where legal, tax or other specialist advice is needed, we identify it early so the finance fits the wider transaction. Tell me about any change in employment, borrowing, deposit or property details before proceeding.

What to prepare

  • Amount and source of family support
  • Whether it is a gift or loan
  • Proposed owners and borrowers
  • Any family security or savings involved

You do not need every document before saying hello. Start with a short outline; detailed or sensitive records should follow through an agreed secure route.

Before you proceed

Family members may put their own savings or property at risk under some arrangements. Independent legal and tax advice can be essential.

Your questions, answered

What should I budget for beyond the deposit?

Build a separate allowance for legal work, a survey, any property tax, moving and immediate repairs. Then consider the monthly mortgage alongside bills, insurance and existing commitments. A budget with some room left over is more useful than a purchase price on its own.

How do we compare mortgage options?

We consider the amount borrowed, the term, repayment method, initial rate period, fees and flexibility together. Tell me if you expect to move, make overpayments or change your working pattern. A lower initial payment does not, by itself, establish that a mortgage is the right fit.

What can change between our first conversation and completion?

A different purchase price, property issue, change in income or new borrowing can affect the assessment. Keep me informed before making a commitment. A lender’s initial indication is followed by its full checks, valuation and offer conditions.

Further reading: MoneyHelper: mortgages and homebuying. Content reviewed 9 September 2026. General information; availability depends on the individual case.

Your next step

Let’s talk about your plans.

Start with family-assisted mortgages. Tell me what you want to achieve and when; we can work out what needs a closer look.

A useful starting point: amount and source of family support; whether it is a gift or loan; proposed owners and borrowers.

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