Predicated on research conducted recently by Court & General, more than half of first-big date buyers below 35 obtained an economic present regarding Bank from Mum and you may Dad’ (BoMaD).

In this article, Conveyancing Spouse Michelle Petersen info the different ways in which mothers can help their child get the earliest household.

What is the financial out-of mum and father?

The lending company regarding Mum and you will Dad means moms and dads gifting otherwise loaning the youngsters funds to assist them to get onto the possessions hierarchy. Read more “BoMaD: How do parents assist very first-go out customers?”