Bank of Mum and Dad advice pleaseMake Text Bigger
We have a small portfolio of 10 flats and a house in Hertfordshire which we have managed for several years now. We also have a development company that builds/renovates property to sell.
My daughter who works in London earning £45,000 a year is looking to buy a flat near where she works.
A suitable flat would cost between five to six hundred thousand. She will need our help to secure finance and I am interested in finding out which would be the best way of doing this.
We have funds to help with a sizable deposit, but ideally wouldn’t want to use too much if possible.
What schemes could be available to us, i.e shared mortgage, buy to let etc
Any advice would be most welcome
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