Saving for a deposit can be one of the biggest barriers to getting onto the property ladder.
This client had the opportunity to purchase a home with the help of family, who were willing to provide a gifted deposit. However, they were unsure how this would be viewed by lenders and had been given mixed information.
We explained the process clearly and ensured all documentation around the gifted deposit was structured correctly.
By placing the case with a lender comfortable with family support, we secured a mortgage offer that allowed the client to move forward confidently.
With the help of their family and the right guidance, they were able to purchase their first home sooner than expected.