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Poll: How have parents been helping kids onto the property ladder since lockdown?

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  • 04/08/2020
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Poll: How have parents been helping kids onto the property ladder since lockdown?
Nationwide caused a stir when it placed restrictions on parental gifted deposits for first-time buyers taking out a 90 per cent loan to value mortgage.

 

First-time buyers will have to prove they have saved at least 75 per cent of the deposit from their own means.

With a limited supply of low deposit mortgages around, parental help can be one of the only ways first-time buyers can get a foothold on the first rung of the property ladder.

In this week’s Mortgage Solutions poll, we’re asking brokers how parents have been helping their children get a mortgage since the pandemic struck.

 

How have parents been helping their kids on to the property ladder since the pandemic?

View Results

 

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