Offer your thoughts or opinion on the input financial query or topic using your financial background.

My friend wants to put my name down for a house he's buying. What risks would I be taking?
Wrong way round. Transitional arrangements are non-binding guidelines that the lenders can observe if they choose to. The borrower - like your friend - doesn't  get to choose whether to use them or not. Your friend obviously can't afford the property, so if you do this, all I can say is congratulations on buying your new house, and I hope you got a deal on the mortgage.