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Release Equity to Raise a Deposit to help Children to Buy Property

 

With house prices so high, many first-time-buyers find it difficult to get a foot on the first rung of the property ladder.
Parents can help by providing the initial deposit, funded by a remortgage of their home.

First time buyer 100% mortgages are becoming harder to get, as rising interest rates heighten Lender's fears that a dip in property values, will put 100% borrowers into a negative equity situation, with the mortgage becoming greater than the value of the property.

Agreeing to remortgage their home allows parents to help their children buy their own property as being able to put down a deposit will mean getting a mortgage that much easier.

Although not essential, both the remortgage of the parents home and seeking a first time buyer mortgage for the child should certainly be less of a hassle, by having an independent mortgage broker handle both scenarios simultaneously.

Free Mortgage Review  
Whilst you are online, why not apply for a remortgage adviser to conduct a free review of your mortgage and to then contact you to advise you whether remortgaging now is the right thing to do. The e-Mail form takes just a minute to complete...just click this link or the 'Apply ' button on the right
To apply for a free review of your mortgage to determine whether a remortgage is right for you - click here
 

If a free expert review of every mortgage product in the UK does not result in a better, cheaper mortgage for you (even taking into account any tie-in or penalty costs attached to your present mortgage)… you'll be told just that. Then at least you'll know that the deal you have is the right one for you!

Further remortgage Information
Remortgage to Save Money
  To view a typical example of how much can be saved by remortgaging, please click this link
For further information on this subject - Click here
Remortgage FAQs
  To view the answers to frequently asked questions about remortgage, please click this link
To view frequently asked questions and answers on remortgages - click here
  Best Buys  
Remortgage Best Buys
  To view current 'Best Buys' for remortgages, please click this link or the arrow right
For further information on this subject - Click here
     

  To ask for advice about buy to let mortgages, please click here For advice as to whether a remortgage is the right choice for you, please click this link.

...or we'll phone you. Click here!


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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
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