Active discussions

Meet the Other Phone. A phone that grows with your child.

Meet the Other Phone.
A phone that grows with your child.

Buy now

Please or to access all these features

Talk
AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Original poster

To buy house for children this way

40 replies

creando · 09/05/2026 19:06

just wondering about this, could be a non starter BUT my daughter (21) just graduated and wanting to move in with boyfriend. She’s always been a hard worker, has had jobs since 16 etc. I am not keen on her renting as it’s more costly that purchasing and house would also go up in value. She has a LISA and some money saved however her choice of profession is freelance so she wouldn’t have mortgageable accounts for a few years yet. We are not rich by any stretch but we have a lot of equity on our house. We’re both keen to help out but 2nd home tax is a worry. Could one of us take our name OFF our mortgage to purchase house for DD? Is this even a thing?

OP posts:
EffinMagicFairy · 09/05/2026 20:41

Nat West are offering parental guarantee mortgages, we are looking at doing similar.

Youcancallmeirrelevant · 09/05/2026 20:46

I'd advise them to rent first to decide where they want to live
One or both may get a job opportunity and need to move cities etc and that's much easier at their age if renting.

Plenty of time to buy and settle down

Pistachiocake · 09/05/2026 20:57

I'd get legal advice. I obviously don't know your daughter or her partner, but I could see difficulties. Is it just her house? If so, he might, quite understandably worry, because when he does any work/pays any bills, is he losing money if they split in the future? And if it's both his and hers, are you ok with him having half if they split? And isn't it a bad thing to have to talk about splitting when you're starting out, at that happy innocent phase? I know rich people have alwyas had to worry about prenuptials, but when a young couple start out, assuming they earn the same, they can each put half in and no problems.
You could maybe give them the money in the future, say if they've got kids etc, so you don't taint this phase, though I know you're trying to help.

Bigcat25 · 09/05/2026 21:07

She's very young to have a mortgage. They haven't even tried living together yet.

TootsMaHoots · 09/05/2026 22:05

My dd is 22 and has a proper job and I wouldn’t want her to start buying a house now. I feel like she needs a couple of years to decide what she wants to do and where she wants to live.

Bimblebombles · 09/05/2026 22:06

What about investing the savings in another way to provide her with some income which can then offset some of the cost of her renting for a while.

I’m thinking of friends of mine off the top of my head. We’re all late 30s now. Three got married young and are now divorced, two others didn’t meet their stable partner until later in their twenties, one was with a bf from age 15 but realised she wanted more from life and they split mid twenties, only one is still with the person they were with age 21. Life is so fluid around that age. The chances are quite high that her relationship won’t go the distance. I’d rent if I were her and revisit buying if either a) marriage is on the cards or b) she’s single.

KittyEckersley · 09/05/2026 22:14

Mortgages are very expensive at the moment so renting isn’t as bad value as it was a few years ago. I think best to wait a few years. I bought fairly young but we’ve had to move because we’ve got a child and need somewhere with good schools and closer to our work now.

TangfasticAddict · 09/05/2026 22:55

Have to agree with other posters. I was your daughter, pressured into buying at 20, when renting would have been best. I split with my then boyfriend a year later, and was left with a load of debt from the fallout.

She can keep her savings intact and rent a small flat to see how she gets on with her boyfriend for a year or two, then revisit. And with current mortgage rates, I don’t think renting is the ‘dead money’ everyone claims it to be.

pavillion1 · 09/05/2026 22:58

Skipton is good for 1st time buyers

Theyreeatingthedogs · 09/05/2026 23:16

SourdoughSally · 09/05/2026 19:20

I think if you're married then it doesn't matter who's on the mortgage, you both own it so any property would count as a second home

This.

Divebar2021 · 09/05/2026 23:21

Is there nothing that parents won’t manage for their children now. There’s actually a benefit from a bit of struggle you know. You just want to smooth all the bumps and I think it denies them the opportunity to work things out for themselves. Stifling.

MeridaBrave · 09/05/2026 23:24

i am confused why you’d take your name off your mortgage and how that would help.

Pineconesandchocolate · 09/05/2026 23:31

@creando @Nevertwayne

I think the mortgage Nevertwayne is referring to is the Barclays Springboard mortgage

www.barclays.co.uk/mortgages/family-springboard-mortgage/

asil1990 · 09/05/2026 23:31

Have a look at joint borrower, sole proprietor offerings. They allow up to 4 people to be named on the mortgage for income purposes but the property remains in sole name.

Happyjoe · 09/05/2026 23:52

Only do this if you're in a position to be able to afford a few thousand if it all goes belly up. Even if she needs to sell, she may find herself in a position (hopefully not) where she couldn't meet the mortgage payments and bills while it's on the market and that could take months, if not over a year to sell a home.

To be honest, I'd wait a couple of years, see how she gets on because things can change a lot at that age while they find their feet. Pleased that not reliant on the partner for any of it, all this should be worked out as if she was on her own, despite any rent he pays.

New posts on this thread. Refresh page