Different avenues to consider when purchasing property for children

More and more parents are considering investing in property as a way of financing their children’s accommodation whilst they’re at university.

Paul Gallagher, tax director in BDB Pitmans’ private wealth team, examines the several different routes that parents should consider in an article for eprivateclient.

He discusses suitable property types, who the purchaser should be, stamp duty land tax (SDLT), as well as how the property will generate income and for whom.

The full article is available to eprivateclient subscribers, here.