Notice: Undefined variable: og_url in /home/cameronh/public_html/app/views/layout.php on line 60

Notice: Undefined variable: og_title in /home/cameronh/public_html/app/views/layout.php on line 63

Notice: Undefined variable: og_image in /home/cameronh/public_html/app/views/layout.php on line 66

Notice: Undefined variable: og_description in /home/cameronh/public_html/app/views/layout.php on line 69

Bank of Mum and Dad

Bank of Mum and Dad


Notice: Undefined index: created_at in /home/cameronh/public_html/core/classes/model.php on line 122

Notice: Undefined index: created_at in /home/cameronh/public_html/core/classes/model.php on line 124
27/11/2018

Notice: Undefined index: content in /home/cameronh/public_html/core/classes/model.php on line 122

Notice: Undefined index: content in /home/cameronh/public_html/core/classes/model.php on line 124

Cameron’s house buyers now have access to a mortgage package for people who can only afford a new property with family help.

Joint borrower/sole proprietor mortgages allow family members to contribute to a mortgage to assist with affordability, but they do not have to be named on the title deeds.

This ultimately means that parents’ or family members’ higher salaries can be used to support lower incomes, without co-owning the property.

“This is an excellent product for people who are in the position where they cannot afford a mortgage on their own, but a family member may be able to help,” explained Maxine Moore, sales and marketing director of Cameron Homes.

“It is ideal if you have seen your dream property but can only purchase it with the help of ‘the bank of mum and dad’.

“This means that the family member - if they own another property - will not incur second property stamp duty, which could be a massive saving.

“Of course the lender will still underwrite all applicants and they must meet the lender’s criteria,” she said.

These mortgage products are only available through selected lenders and Cameron has joined forces with Central Financial Services, new build mortgage specialists, who will advise on the right mortgage product for purchasers.


Notice: Undefined index: id in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: id in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: page_id in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: page_id in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: order in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: order in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: slug in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: slug in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: edit_structure in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: edit_structure in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: name in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: name in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: meta_title in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: meta_title in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: meta_description in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: meta_description in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: content in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: content in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: main in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: main in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: mobile in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: mobile in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: id in /home/cameronh/public_html/core/classes/model.php on line 122

Notice: Undefined index: id in /home/cameronh/public_html/core/classes/model.php on line 124
Back

Notice: Undefined index: id in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: id in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: page_id in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: page_id in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: order in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: order in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: slug in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: slug in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: edit_structure in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: edit_structure in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: name in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: name in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: meta_title in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: meta_title in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: meta_description in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: meta_description in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: content in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: content in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: main in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: main in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: mobile in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: mobile in /home/cameronh/public_html/core/classes/model.php on line 46

Notice: Undefined index: id in /home/cameronh/public_html/core/classes/model.php on line 122

Notice: Undefined index: id in /home/cameronh/public_html/core/classes/model.php on line 124
View all Cameron News