Home-ownership is a goal many of us have. And yet for some, especially the young, it’s a goal that can seem more and more out of reach every year.

Today, the younger generation often end up stuck on the lower rungs of the property ladder renting year after year after year until well into their thirties.

Savvy parents and grandparents, however, are realising there are ways that they can help right now. 

Ways that not only benefit their loved ones today and in the future, but ways that are also tax-efficient and can have real benefits for them too. 

Could you help a loved one onto the property ladder?

As with any act of financial generosity, it’s important that you seek specialist advice before giving such help.

But, if you’re considering lending them a financial hand now or in the future, it’s worth contacting us today to discuss your options.

The home on which the mortgage is secured may be repossessed if payments are not kept up to date.

The levels and bases of taxation, and reliefs from taxation, can change at any time. The value of any tax relief depends on individual circumstances.