Lending from your beloved birth givers is predictably a response to the continued rise in house prices relative to incomes, and increase in our parents equity. It is important to be both realistic and patient, giving your parents time to review their finances. Despite how uncomfortable this conversation may be, being open and honest will save the soap-opera level drama down the track.
Producing a written document will prevent any miscommunication or strain on relationships that may come from only relying on a verbal agreement. Now the tricky part is over and you can start breathing normally again, empower yourself to start making big moves towards saving for a house deposit. We're currently experiencing some issues with the app.
About Us. Our Mission. Meet the Team. What we've done already, and what we're going to do next. Looking for a new career? Get in touch. Find out more. How it Works. Learn more about interest accounts. Get the App. Set Goals. What do cash and condoms have in common? We keep them both in our wallets and we shrivel to the size of a sultana if either are brought up in conversation with our parents.
Join the Chipmunks. Get Chip today. Save effortlessly. Chip Financial Ltd. Chip is authorised by the Financial Conduct Authority under the Payment Service Regulations , firm reference number no. We provide access to savings accounts with UK authorised partner banks and an e-money wallet with a UK authorised e-money provider.
This money is safeguarded with Prepaid Financial Services Limited. Prepaid Financial Services is authorised by the Financial Conduct Authority under the Electronic Money Regulations , firm reference number , for the issuance of electronic money and provision of payment services.
