Wealth manager St James's Place has launched an intergenerational mortgage range alongside Metro Bank, designed for parents and grandparents looking to support their children or grandchildren in buying their first home.
The product range will offer a number of cash and investment options for parents to support the younger generation and will be available exclusively to current clients of St James's Place (SJP). Its specific aim is to make home ownership achievable and affordable, providing a number of options to allow clients to plan for their own future, while supporting their relatives in getting onto the property ladder. 'Pragmatic solution' or 'barrier to pension saving'? Industry reacts to Osborne's Lifetime ISA The following options are currently available within the range: 1. Gifting - T...
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