Growing reliance on family support 'risks deepening inequality' in housing market - Property Industry Eye

Bank of Mum and Dad risks deepening inequalities in the housing market - Credit Connect

New analysis from UK Finance has warned that increasing reliance on family support from the Bank of Mum and Dad risks deepening inequalities in the housing market, highlighting the impact of family financial support in the first-time buyer (FTB) market. Nationally, first-time buyers who receive assistance are able to buy a home at an average age of just over 30, with an average household income of £56,000. In contrast, those purchasing without s…

Growing reliance on family support 'risks deepening inequality' in housing market - Property Industry Eye

Growing reliance on family support 'risks deepening inequality' in housing market - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion and debate of topics of the day. Subscribe for our free daily newsletter.