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  1. southstandandy

    [Finance] Best way to help kids get on property market

    No one should have to look for a 2nd job if they don't want to. My son just wants to earn as much as he can so he can pay his mortgage off quickly. I only had more than one job for a few years then when I got married and a second income was coming into the household I was able to go back to a...
  2. southstandandy

    [Finance] Best way to help kids get on property market

    He's recently started as a commercial finance analyst in London and spends Saturdays for a car hire company delivering cars. As a result he doesn't get to the football much. Bad fan!
  3. southstandandy

    [Finance] Best way to help kids get on property market

    So what? My son's 23 and has 2 jobs.
  4. southstandandy

    [Finance] Best way to help kids get on property market

    No, I appreciate I'm fortunate, and yes paid of our mortgage in 15 years by overpaying which we could afford to do. Used to work 80+ hours back in my 20's and saved and invested for years. My wife also has a good salary so between the two of us we are lucky to be in this position (even though I...
  5. southstandandy

    [Finance] Best way to help kids get on property market

    I was lucky enough to help my two kids out when wanting to set up homes of their own. They both have good jobs and can afford the mortgage repayments so I gave them each £50k for a downpayment on houses costing £200k and £230k. We have an informal agreement (nothing legally binding) that when...
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