For many families, helping children or grandchildren buy their first home is becoming increasingly common. However, providing financial support involves more than simply contributing towards a deposit.
Whether you're considering gifting money, providing a loan or setting up a trust, each option comes with its own tax, financial and practical considerations.
Our Bank of Mum and Dad guide explores the different ways families can support a property purchase, including the potential implications for inheritance tax, protecting family wealth and maintaining financial security.
Download our free guide to understand the options available and what to consider before making a financial commitment.
This guide is for guidance only, and professional advice should be obtained before acting on any information contained therein. Neither the publishers nor the distributors can accept any responsibility for loss occasioned to any person as a result of action taken or refrained from in consequence of the contents of this publication.
