The reality is that guarantor with a different lender is in a big too hard basket...we're changing lenders to accomodate this and therefore have the same lender.
Another happy VIRTUAL customer !
fordehouse the choice is yours but it really is not any harder to do it with two different lenders. You or your guarantor do not notice the difference, arranging a second mortgage is done in the background. You don't suffer any running around.
The fact of the guarantor has additional paperwork but it's not any more cumbersome for you if it involves another bank. I wouldn't seek to stay with the same lender as your guarantor if it means you will be paying a higher interest rate and/or fees. If they compare well, then no problem.