and felt that the industry needs to adapt to re ect people s li es i ures fro the ffice for ational tatistics sho that the concept of a traditional nuclear fa ily on hich ost ort a e lendin criteria are ased is rapidly fadin arents used to a e ood ye to their children hen they turned only to see the a ain for the occasional unday roast ut ti es ha e chan ed alon ith the traditional a e-up of households MASTHAVEN'S WEBSITE HAS DETAILED PRODUCT INFORMATION FOR ALL THEIR SOLUTIONS. FOR THEIR LENDING THEY OPERATE THROUGH INTERMEDIARIES ONLY e ro e astha en s study found of those a ed elie ed that ettin a ort a e is ore a out hich financial oxes they tic rather than the reality of their situation he a ority of this roup also elie ed a e shouldn t affect their eli i ility it should e a out hether they can eet the repay ents n the a e roup al ost also said they elie ed a e shouldn t affect a person s eli i ility for a ort a e urther ore of people in this a e rac et elie ed that e eryone ho can afford to a e the pay ents should e a le to et a ort a e hen they retire astha en elie es that lenders should eep co on sense front of ind hen it co es to re ie in custo ers applications and ensurin they eet afforda ility criteria t does not dispute re ulatory clai s that a ar et that allo s consu ers to o erstretch the sel es is not or in ell ut it has found e idence that s athes of the population feel una le to interact ith the ort a e industry efe o e i en the e er ro in self-e ployed or force the ort a e industry needs to ta e a fresh loo at ho to support this sector hile the o ern ent supports indi idual enterprise lendin rules ha en t cau ht up to i e those ho contri ute to the econo y the chance to uy their o n ho e fforda ility odels need to ta e into account self-e ployed inco e and contri utions paid ho e er astha en feels that a lar e nu er of ort a e under rtiers aren t trained to read accounts properly Parents he cost of childcare continues to fuel de ate and it can affect ort a e applications in ter s of ho uch it costs parents each onth ccordin to a s itch sur ey so e of the people they sur eyed had intentionally concealed the true cost of childcare and lied on their ort a e application astha en ur es fa ilies to or ith ort a e ro ers ho can help people find afforda le solutions fit for all types of fa ilies Younger borrowers Younger borrowers struggle to y the r first ro erty oday so eone can start sa in for a deposit a ed et a ort a e a ed and then finally o n their ho e outri ht a ed ust in ti e to retire his situation is not sustaina le thin s ust chan e to help young people get on the property ladder sooner astha en elie es continued inno ation is required to help first-ti e uyers onto the property ladder hether it s helpin parents and randparents ith equity in their homes to support younger family e ers or oostin the uildin of afforda le ho es er orro er ncreased lon e ity has funda entally reshaped the face of odern ritain ayin off your ort a e pre-retire ent si ply isn t realistic for any people these days nd as the o ern ent launches the ifeti e to olster ho e o nership for the under- s astha en elie es it should also consider solutions for the a ein population hich eep ort a es ali e for lon er fter all fro a lender s perspecti e a re ular pension inco e could offer reater security than a salary these days astha en has een tradin since and is authorised and re ulated y the rudential e ulation uthority and the inancial onduct uthority t doesn t ust deal in lendin it also offers fixed-ter and exi le sa in s products nterested in findin out ore astha en s e site has detailed product infor ation a out all its solutions or lendin it operates throu h inter ediaries only FOR MORE INFORMATION Call 020 7036 2000 Visit masthaven.co.uk Email mortgages@masthaven.co.ukhttp://masthaven.co.uk