Here's a little example:
Let's take a 2 bedroom apartment at £100,000. With a 20% deposit of £20,000, your family member could receive a windfall of £5,000*. So everyone's better off with Family Deposit!
*The Family Deposit scheme is development and plot specific and cannot be used in conjunction with any other offer. This payment may be subject to income tax. The interest payment is not exempt from income tax or capital gains tax. The recipient of the interest is responsible for declaring and paying any tax that may be due on this payment. Interest will be calculated as a simple interest payment therefore is not compound interest. Miller Homes reserves the right to withdraw the Family Deposit scheme at any time. Scheme provided by Miller Homes Limited of Miller House, 2 Lochside View, Edinburgh Park, Edinburgh EH12 9DH. Photography represents typical Miller Homes exteriors and interiors.