We are hoping to buy for cash and then re-mortgage 4 separate similarly priced properties for our 4 children (2 each from previous). None of them could afford to pay the mortgages themselves and the properties would be let out to cover this at first, my questions is can they all be on the deeds of their own property and could we be a guarantor for all of them or do lenders not favour this? Our plan is to release cash from our own house to buy them at bmv then get a mortgage on them, let them out, but they would be the kids' primary residence. Any ideas if this can work, tax implications, etc, thanks.
