The Sunday Times - First-timers still banking on mum and dad - October 2013

Aaron Strutt Image
Aaron Strutt of Trinity Financial, the broker, told The Sunday Times: “For many it will be worth going to the Bank of Mum and Dad for a bigger deposit. If parents can access cheaper mortgages it will make their lives a lot easier.” Relatives could provide a cash gift to put towards the deposit. However, to be exempt from inheritance tax the giver must live for seven years afterwards. Click here to view the full story on The Times website: http://goo.gl/M23cAQ £ We are not responsible for the accuracy of the information contained within the linked sites accessible from this page. October 15, 2013
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