Is Borrowing From Parents The Best Mortgage Route For First Time Buyers? The Bank of Mum and Dad is projected to be a top 10 lender for first time buyers in 2020, however the good news is that some options currently available on the market might cost parents no cash at all. Lenders are appreciative that the rise in the average parental contribution in 2019 of £21,600 is beyond the reach of many parents therefore alternative products are coming to market to help first time buyers get onto the housing ladder without this level of outlay required. Financing Your First Home’s Mortgage With the increasing cost of buying a first home many parents are looking at ways to help this become a reality through providing a part of […]