First-time buyers are increasingly looking to open a joint-mortgage with a parent to get a foot on the property ladder – a step along from the old bank of mum and dad idea.
Read MoreTag: joint mortgage
Joint mortgages being used as ‘weapons’ for domestic abuse in ‘hidden crime’, charity warns
Joint mortgages can be used as a “weapon” by domestic abusers against their current or former partners, a charity has warned.
A report by Surviving Economic Abuse (SEA) said survivors of domestic abuse have been left with mortgage arrears, low credit ratings, and housing and economic insecurity.
Read More