...."Affordability problems mean that parents and other family members have a critical role in assisting their children to buy their first home, either by means of a gift of money or a soft loan," said the report author, Dr Paul Sanderson from Anglia Ruskin University. The issue has already been highlighted by the insurance company
Legal and General, which said that a quarter of all mortgages in the UK last year were part-funded by parents. ...
[Read full article on BBC
Sunday 26th of March 2017 11:08:30 PM