Families cash in property gains to help children get on the ladder

FAMILIES are increasingly using their property wealth to make the dream of home ownership a reality for loved ones

- Giles Sheldrick

Many parents and grandparents have used savings, investments and pensions to help young relatives “get on the ladder”.

Now an increasing number are using the rising value of their homes to come up with the cash through equity release, downsizing or remortgaging.