Bank of Mum and Dad falls victim to cost-of-living crisis
As if first-time buyers didn’t have enough to contend with, it would seem there are now problems accessing cash from ...
Tag: bank of mum and dad
Parents use their own property wealth to fund kids’ first homes
Many parents and grandparents who have helped fund a first-time buyer’s property purchase did so by using their own property ...
Bank of Mum and Dad – what are the legal implications?
A large number of first-time buyer homes are purchased with help from parents. But can all parties be sure the ...
What are the rules for gifted deposits on mortgages?
First-time buyers using the Bank of Mum and Dad – did you know mortgage lenders have rules around deposits funded ...
Ask the Expert: How can we help our children onto the property ladder? Â
Unlocking money invested in the family home is becoming an increasingly popular way for parents to help their children onto ...
Ask the legal expert: How can I help my daughter buy a home?
Mark Morton is back to answer your legal questions. This time he’s helping a prospective buy-to-let investor, offering tips to ...
Homeowners support: Half of buyers had help to buy their first property
Exactly half (50%) of current homeowners with a mortgage had support in getting onto the ladder, according to a study ...
Bank of Mum and Dad is widening economic inequalities, warn academics
A total of £14 billion is gifted by parents to their adult children each year, with a large proportion being ...
Ask the Expert: Can I get a mortgage with my parents?
Rising house prices and interest rates mean more first-time buyers are looking for help from family to get on the ...
How equity release is funding retirement dreams and topping up pension pots
Fulfilling retirement aspirations and pension planning have been revealed as the top reasons older homeowners have considered equity release.
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