Tag Result: Bank of Mum and Dad
Nearly fifth of parents and grandparents use properties to fund relatives’ purchase – L&G
Nearly one in five, 18 per cent, parents and grandparents who helped their family members ...
Bank of Family lending reaches £8.1bn in 2023
The Bank of Family has supposed 318,400 property purchases, equal to a record £8.1bn in l...
The ‘Bank of Family’ to fund record number of property deals in 2023
Financial support from family members or the Bank of Family is expected to help finance 31...
Siblings surpass grandparents for first-time buyer deposit help – Hamptons
Siblings putting money towards a first-time buyer’s house deposit has accounted for a re...
Benefits of flexible equity release will trickle down to younger buyers – Hale
In 1993, the average person who earned around £18,000 could save 10 per cent of their inc...
Average monthly mortgage payments rise by nearly £300 for remortgagors
The rise in the average monthly mortgage payment for people renewing their mortgages over ...
Brokers see more buyers borrowing from the Bank of Mum and Dad ‒ analysis
Growing house prices make it inevitable that greater numbers of first-time buyers will rel...
Two thirds of prospective buyers aiming to save £11,500 more for deposit
Around 62 per cent of prospective buyers looking to buy in next 24 months are expecting to...
Half of homeowners need support to get onto housing ladder
Around half of homeowners with a mortgage had support, either from the Bank of Mum and Dad...
Lenders must get creative with high LTVs to truly help FTBs – Bamford
With all the issues and obstacles facing would-be homeowners right now – rate rises, pro...