KEEPING IT IN THE FAMILY – GIFTING EQUITY

KEEPING IT IN THE FAMILY – GIFTING EQUITY

House plants and a medicinal bottle on a table. Get mortgage advice from ME Financial Services today

Justine was introduced to John & Joan who owned a property but were looking to emigrate to Portugal. As they owned their house outright, they wanted to help their 2 children, Sam & Pippa, get on the ladder by gifting some of the equity allowing them to purchase their property.

As Pippa hadn’t long been in her role, Justine searched the market and found a lender who was happy to assist, took care of all of the paperwork and followed the purchase right through to completion.

Now John & Pippa are happily drinking Sangria’s in the sun knowing their children are now on the property ladder back home.

Please note, although the above cases are genuine clients we have worked with, their names have been changed for data protection and privacy purposes.

Want to discuss how gifting equity works? Contact ME Financial Services today.