Help your Child to Buy - Gift option

gift-graphic-8f04YP.pngAt Share a Mortgage, we give you the option to gift a property to your children. You can either gift a large enough deposit so that your child can get a mortgage, or the full value of the property.

Remember, you can gift any amount of money to your children tax free; however if you pass away within 7 years of the gift, then there could be inheritance tax to pay.


Your children:

  • are solely liable for the mortgage repayments
  • take full responsibility for owning a property – no more rent or living at home!
  • benefit if the gifted deposit is in excess of 20% as they attract better mortgage products
  • benefit fully from selling, either with an increase in the property value and/or with the gifted deposit to be used on a future purchase


For you:

  • avoid being liable for the repayment of the mortgage
  • forms part of your tax planning
  • satisfaction of helping your child onto the property ladder

We provide the full conveyancing service and introduce you to market leading mortgage advisors, conveyancing solicitors and RICS surveyors.


You should consider:

  • you should only gift what you can afford, particularly if you have your own mortgage commitments
  • you will have no say in how the property is run
  • any financial gain from selling the property will accrue solely to the children
  • the gift is not repayable

Your child’s home may be repossessed if they do not keep up repayments on their mortgage.


For more information call now on

0333 344 3234

Help your Child to Buy

Buying a home with your children can help them get onto the property ladder because you increase their buying power with your salary and additions to deposit funds.

You also keep control because your name is 'on the deeds' as your children gain in independence and responsibility stemming from looking after the property and keeping up monthly repayments.

Find out more about the Help your Child to Buy - Buying Option