It has become common for aspiring homeowners to turn to the bank of mum and dad to realise their dream of owning their first home, but for some, grandparents can also have the assets to help them get onto the property ladder.
In fact, grandparents may have more resources at their disposal than parents that can be used to help the younger generation to buy their first home. Here we’ve looked at some of the most common options available to grandparents wanting to help their grandchildren onto the property ladder.
Using savings
Releasing property equity
Acting as a Guarantor on a mortgage
I am an Independent Financial and Mortgage Adviser and have worked in Financial Services for over 12 years. During my career I gained experience in assisting both individual and corporate clients.…
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