Money Minder UK

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Bank of grandma and grandad #TipTuesday

In Brief: Bank of grandma and grandad #TipTuesday

Tuesday, 22 November 2022

Older generation using the wealth held in their property to help younger generations

It’s no secret that many younger people tend to encounter difficulties when seeking to enter the housing market for the first time. The degree to which existing homeowners are now prepared to use their own wealth to help their other family members onto the property ladder has increased notably over the last six years.

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