More buyers than ever are relying on financial help from parents, and an incredible 1 in 4 property purchases are partially funded by the ‘Bank of Mum and Dad’, which this year alone has lent a staggering £5.7 billion.*
So, in response to lender demand, we’re delighted to announce our new, standalone Parental Help to Buy Insolvency Act policy (lender only), which is available from just £50.
For a quote, simply select the ‘Insolvency Act’ risk type, followed by the ‘Insolvency Act – Parental Help to Buy’ policy option.
*Source: Legal and General 2018 Bank of Mum and Dad report