This is a personal decision for everyone, but there are some key advantages to a loan (as a Deposit Booster) over gifting.

Here are a few:

  • You may not like the idea of giving a handout but are willing to provide a necessary leg-up to get them started.

  • You may need or want the money back in the future.

  • You have options! You can always gift part or all of your stake later.

  • You may be wary of a beneficiary breaking-up with a partner and seeing the money go out the door with them.

  • You may be able to help multiple children onto the property ladder with the same pot of money.

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