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In the past decade, millions of Brits have snapped up home tech gadgets to monitor their kids, cats, dogs and deliveries. About one in five homes has a doorbell camera, while thousands more have pet CCTV or video baby monitors. With all this kit installed, it’s probably no surprise that some people have taken to using it for another purpose.
If you’re considering giving your child a helping hand to buy their first home, you’re not alone. Figures show that 45% of twentysomethings who purchased a property last year did so with a cash boost from the Bank of Mum and Dad (Bomad).* But just because something is common practice doesn’t mean it’s risk-free.
Selling a home can be stressful, no matter what your circumstances. But the moving process can be even more complicated if you’re a parent with young children. Juggling work commitments and the needs of your offspring while ticking off all your sales prep chores can be daunting. So, here are some tips to make things easier.
When considering the purchase of a ‘doer-upper’ – a property that requires refurbishment – landlords are often faced with a Shakespearean (ish) question: “To buy, or not to buy?”