Let "parents pay deposit", rather than bank borrowing

The Association of Investment Trust Companies (AITC) is whispering to parents that now could be a good time to start saving in an investment trust before they're asked for a sizeable lump sum from their 'grown' children, and says it could also pay IFAs to relay the advice to their eligible clients. If it hasn't happened already, the AITC reckons there is a reasonable chance parents will be asked to put up the deposit on their child's first property - almost a four in ten chance to be precise. Yet research conducted by the association found that nearly half of all prospective f...