According to a high street mortgage lender, the number of applicants who have received all or part of their deposit from their grandparents has increased 4-fold during the past 5 years.
To discuss acquiring a mortgage where part of the deposit is being paid by a close family member, such as parents or grandparents, contact us today.
Source: http://www.zoopla.co.uk/discover/property-news/one-in-10-first-time-buyers-rely-on-bank-of-gran-and-grandad/#Eb7ClsvSlAJThK7p.97
