HOW THE BANK OF MUM AND DAD CAN HELP FIRST-TIME BUYERS
With property prices out of sync with wages, high rents and living costs rising, it comes as little surprise that first-time buyers are finding it hard to afford the deposit for a home. Unsurprisingly, many find they need to turn to the Bank of Mum and Dad for some additional financial help. The challenge facing parents wishing to lend or gift money to their children is to decide quite how best to do this.
For full briefing click here. Your Home Finance Winter 2019