Property’s equity can help your loved ones

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By Harvey Jones

The Bank of Mum and Dad is more generous than ever before, offering financial help to more than one in three first-time buyers, according to new figures from the Social Mobility Commission.

Without this help, many young people would struggle to get on the housing ladder because prices have risen so rapidly in recent years.

Grandparents who would like to help their children or grandchildren but do not have enough savings to do so are turning to equity release.

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