Related topic: gifting

Unlocking property wealth to pay off an existing mortgage has dropped from 42% of applications to 27%.

Key highlights the need for specialist advice on tax and income risks when gifting from pensions and property.

Rob Oliver, distribution director at Dudley Building Society, says lender criteria around gifted deposits must reflect the real world, where older relatives are often a vital part of...

Rob Oliver, director of distribution at Dudley Building Society, expects to see more older borrowers turn to capital raising or downsizing - allowing their family to benefit from their...