Thursday, 13 January 2011

Barratt loan lets parents and children raise mortgage deposit | Money | guardian.co.uk

Barratt loan lets parents and children raise mortgage deposit | Money | guardian.co.uk

Britain's biggest housebuilder, Barratt Developments, is offering loans to parents looking to help their children raise the deposit needed to buy a new home.

Parents will be able to apply for an unsecured personal loan of up to £50,000 following a tie-up between Barratt and Hitachi Capital (UK), the UK financial services arm of the Japanese firm.

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