Vanessa Duff writes for Wealth Briefing on how the Bank of Mum and Dad can help young people get on the property ladder
With it becoming increasingly difficult for young people to get on the property ladder, financial support from family members is more prevalent than ever.
Vanessa Duff, Partner, writes for WealthBriefing considering a second iteration of the concept of “bank of mum and dad” and new ways in which people can enlist their parents' help towards paying mortgages.
Her article looks at the advantages and risks of new models, such as a "guarantor mortgage" – a topic that is clearly relevant to the HNW private client advisory industry.
Read the full article here.
