Buying
for Parents
You could help your family on the property ladder!
You might have thought you were not in a position
to help, but with Shared Equity UK you probably are.
You can become the Investor-Buyer for your son
or daughter. Shared Equity UK allows you to help them buy a home,
whilst managing the relationship and protecting both your interests.
Basically, the Shared Equity UK scheme creates
a Co-Buyers partnership between the Investor-Buyer (that's you)
and the Home-Buyer (that's your son or daughter) which allows everyone
involved to achieve their aspirations- your son or daughter get
a home of their own and benefit from any rise in the value of their
property, and you receive a low risk, fair return on his investment.
With the Shared Equity UK scheme you share in
the capital growth of your property (proportional to your Co-Buyers
share), and your son or daughter could save money because they probably
will be paying out less each month than if they rented the same
property from a landlord.
You can help with their deposit?
As house prices have dramatically risen in recent
years so has the need to raise larger deposits and salary multiples
have become insufficient to required borrowing. If you want to help
them buy their first home our part-buy:part co-invest scheme shall
allow your son or daughter to use your financial standing and assets
to help them buy, reducing their deposit and resolving their salary-multiple
problem.
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