Three in five first-time buyers depend on the bank of mum and dad in order to get onto the property ladder, according to research by Just Group. In the last five years, 61 per cent of FTBs relied on financial help from relatives in order to purchase a property. In comparison, just 20 per cent of FTBs relied on financial assistance from relatives 30 years ago.
By booking a thorough insurance review with a knowledgeable mortgage adviser, you can gain a better understanding of the types of policies available and ensure you have the right protection in place for your unique circumstances. They can help you identify any gaps in your coverage and recommend solutions tailored to your specific needs.
