Do you like the sound of helping your children or grandchildren buy their first home?
There’s no denying that getting onto the property ladder these days is tough for young adults, especially if they are trying to save for a deposit whilst paying rent. And with property prices at an all-time high, your children or grandchildren might feel that owning their first home is nothing but a pipe dream at the moment.
If you are financially able to, there are many ways you can help:
At Hall & Costello, we recognise that being able to help your children or grandchildren get their foot onto the property ladder means so much to you. However, if you are considering supporting a loved one financially, then getting the best advice is crucial.
We provide unrivalled expert financial solutions shaped around your individual circumstances. We take pride in listening to you and discussing your objectives, specifically around helping your children or grandchildren get onto the property ladder.
Let’s help your loved ones buy their first home, a home for making memories.
The home on which the mortgage is secured may be repossessed if payments are not kept up to date.
We recommend the guarantor gets legal advice to ensure they fully understand their obligations regarding the mortgage.