The Bank of Mum and Dad: Helping First-Time Buyers

The Bank of Mum and Dad continues to be a regular presence in the UK housing market with 1 in 4 housing transactions dependent on the generosity of parents.

In fact, £5.7bn was made available to support first-time buyers through their parents in 2018, an increase of over 25% from 2017*. The figure in 2019 promises to be even higher.

There is a wide selection of options available to your client, including inheritance protection, an option to pay interest and also no-negative equity guarantees.

Do you have clients looking to help family members onto the property ladder? Could Equity Release be a viable option for them?

Make Joshua Jacob your first port of call for Equity Release enquiries.

Call us on 0333 344 9682

“grow your business by referral”

*Source: Legal & General Equity Release survey 2018