Almost two-thirds of first-time buyers have got on the property ladder using help from the Bank of Mum and Dad but...
Archive
![Support from Bank of Mum and Dad hits 11-year high](/upload/images/shutterstock_512439910(1).jpg)
More than half of mortgaged first-time buyers received support from the Bank of Mum and Dad in 2023, the highest proportion...
19 August 2024
From: Breaking News
![First-time buyers considering ‘non-traditional routes’ to property](/upload/images/shutterstock_2426788843.jpg)
Half of young first-time buyers are willing to consider “non-traditional routes” to get onto the property ladder. Research suggests that around a...
23 July 2024
From: Breaking News
![First-time buyers dominate the market but downsizers are staying put - claim](/upload/images/shutterstock_557988298.jpg)
The proportion of mortgaged homebuyers has hit its highest level for four years, research suggests. Analysis based on conveyancing quote requests on...
21 May 2024
From: Breaking News
![Only Realistic Sellers succeed in today’s market - leading agent](/upload/images/shutterstock_2434363071.jpg)
Only realistic sellers willing to negotiate prices are successful in the current market, says one of the country’s leading estate agents. The...
02 May 2024
From: Breaking News
![How can I help my loved one get on the property ladder?](/upload/images/1%20How%20can%20I%20help%20weekend%20feature.jpg)
Compared with a decade ago, today's first-time buyers are older, more likely to buy with a partner and more likely to...
17 February 2024
From: Features
![How can I help my loved one get on the property ladder?](/upload/images/5%20shutterstock_1141644755.jpg)
Compared with a decade ago, today's first-time buyers are older, more likely to buy with a partner and more likely to...
03 February 2024
From: Features
![Majority of first-time buyers received help to climb property ladder - research](/upload/images/Shutterstock-only%20images/Property%20Market/3%20CoupleMakingOffer-400x310.png)
Only a tenth of first-time buyers have managed to get on the property ladder without additional support, a survey has revealed. Comparison...
11 January 2024
From: Breaking News
![Tenants need choice when it comes to spiralling rental costs](/upload/images/__thumbs/2%20Proofed%20----%20%20EAT%20weekend%20feature%20Tenants%20need%20choice%20when%20it%20comes%20to%20spiralling%20rental%20costs%20by%20Sam%20Reynolds.jpg/2%20Proofed%20----%20%20EAT%20weekend%20feature%20Tenants%20need%20choice%20when%20it%20comes%20to%20spiralling%20rental%20costs%20by%20Sam%20Reynolds__400x267.jpg)
An opinion piece by Sam Reynolds, CEO of Zero Deposit Just weeks ago, the Bank of England brought a halt to its...
21 October 2023
From: Features
![Property Natter - Oh brother, where art thou?](/upload/images/Property%20Natter.jpg)
I sometimes wonder just how far our national obsession with buying our own homes will stretch. First-time buyers are prepared to save...
02 September 2023
From: Features
![‘Bank of Family’ to fund record number of property purchases claim](/upload/images/Shutterstock-only%20images/Property%20Market/2_MortgageCalculated.png)
Record numbers of homebuyers are set to get on the property ladder with the help of the “Bank of Family” this...
30 August 2023
From: Breaking News
![Housing market still in doldrums despite mortgage rate cuts](/upload/images/Shutterstock-only%20images/Property%20Market/2_MortgageCalculated.png)
Mortgage lenders are at last cutting their rates on some deals, confident that the Bank of England’s base rate may rise...
15 August 2023
From: Breaking News
![Bank of Mum and Dad 'risks becoming unsustainable'](/upload/images/Shutterstock-only%20images/Rental%20Market/AdultChildren-400x310.png)
Parents are compromising their own financial situation to help their children cope with the cost of living crisis, research shows. The latest...
27 June 2023
From: Breaking News
![New 100% LTV mortgage aims to help tenants escape ‘rental trap’](/upload/images/Shutterstock-only%20images/Property%20Market/LoanApplication_400x310.png)
Skipton Building Society has unveiled details of the first 100% loan-to-value mortgage launched since the 2008 financial crisis. Aimed at renters, the...
10 May 2023
From: Breaking News
![Savills: Bank of Mum and Dad set for busier 2023](/upload/images/Shutterstock-only%20images/Rental%20Market/AdultChildren-400x310.png)
It was a busy 2022 for the so-called Bank of Mum and Dad and 2023 could be more manic for parents,...
15 March 2023
From: Breaking News
![Zoopla unveils inheritance calculator for Bank of Mum and Dad buyers](/upload/images/Shutterstock-only%20images/Property%20Market/MortgageCalculated_400x310.png)
Zoopla has launched a property inheritance calculator to help children work out what support they could get from the Bank of...
10 February 2023
From: Breaking News
![Owners risk living in unsuitable homes due to stress of moving - warning](/upload/images/Shutterstock-only%20images/Rental%20Market/StressedTenant-400x310.png)
Homebuyers have highlighted the most stressful aspects of a property purchase, and agents appear to be off the hook. Analysis by conveyancing...
09 January 2023
From: Breaking News
![RIP Help to Buy: what comes next?](/upload/images/Shutterstock-only%20images/Property%20Market/CoupleMakingOffer-400x310.png)
In this guest feature, Ben Bailey, CCO at Even, a mortgage lender for first-time buyers launched this year, provides commentary on the end...
05 November 2022
From: Features
![Bank of Mum & Dad set to lend £25bn to children over the next three years](/upload/images/Housing%20Market%20%26%20Property%20Images/BankofMuM-400x310.png)
Research over recent years has regularly pointed to the Bank of Mum & Dad being one of the UK’s biggest lenders,...
04 August 2022
From: Breaking News
![Forget Help To Buy Equity Loan - welcome to Deposit Unlock](/upload/images/Housing%20Market%20%26%20Property%20Images/GenerateRevenueImage-400x310.jpg)
A housebuilding-led mortgage indemnity scheme called Deposit Unlock has now been launched nationally with 17 major developers taking part. Nationwide is the...
26 November 2021
From: Breaking News
![Interest Rate Worries - warning about inflation and base rate](/upload/images/Logos/Knight-Frank-logo400x310.png)
The head of research at a leading agency is warning that although the housing market remains buoyant, there may be macro-economic...
08 November 2021
From: Breaking News
![Stamp Duty Holiday - first time buyers are the big losers](/img/default/eat.png)
An authoritative study on the housing market has shown that the big losers from the pandemic have been first time buyers. The...
23 June 2021
From: Breaking News
![How much? UK housing stock value hits a record high despite Covid](/img/default/eat.png)
The total value of the UK’s housing stock has hit a record £7.56 trillion despite the pandemic. The calculation - by Savills,...
22 March 2021
From: Breaking News
![Stamp Duty Holiday allows older owners give more help to younger](/img/default/eat.png)
Older homeowners gifted an average of £42,500 to younger relatives to help them buy in the past year, according to new...
25 February 2021
From: Breaking News
![Bank of Mum and Dad still vital to house sales, figures show](/img/default/eat.png)
Recent speculation that the so-called Bank of Mum and Dad would be playing a reduced role in the housing market has...
02 September 2020
From: Breaking News
![Selling apartments? It might be more difficult from today…](/img/default/eat.png)
One of the country’s highest-profile mortgage lenders, HSBC, is restricting loans on apartments from today. Only buyers of flats who have a...
17 August 2020
From: Breaking News
![Affordability crunch means most first time buyers quit home towns](/img/default/eat.png)
A survey suggests that 77 per cent of first time buyers do not purchase their initial property in the same town...
04 March 2020
From: Breaking News
![The changing profile of first-time buyers](/img/default/eat.png)
Recent Zoopla reports stating that first-time buyers are deciding against purchasing one-bedroom flats came as no surprise to me, or I’m...
23 November 2019
From: Features
![Government ‘trying to put a lid on house price rises’ admits minister](/img/default/eat.png)
The new housing minister has admitted that her party has tried to “put a lid” on house price rises and has...
17 September 2019
From: Breaking News
![Typical Mum and Dad now fork out £24,100 towards offspring’s new home](/img/default/eat.png)
The Bank of Mum and Dad is now officially one of the 10 biggest mortgage lenders according to data from Legal...
28 August 2019
From: Breaking News
![Stamp Duty campaign hots up: top bank wants incentive for downsizers](/img/default/eat.png)
A report by Santander says stamp duty cuts should be used as incentives for older home owners to downsize and allow...
02 August 2019
From: Breaking News
![Back to the future? A home ownership crisis](/img/default/eat.png)
With this summer marking forty years since Margaret Thatcher came to power, her legacy continues to invoke both celebration and consternation...
06 July 2019
From: Features
![It's back - the 100% mortgage for first time buyers](/img/default/eat.png)
The 100 per cent mortgage for first time buyers, which many people thought had disappeared for good, is now back in...
29 January 2019
From: Breaking News
![First time buyers have it easy if they have wealthy parents, says report](/img/default/eat.png)
Young people whose parents have property wealth are now almost three times as likely to be homeowners by the age of...
06 December 2018
From: Breaking News
30 August 2018
From: Breaking News
![Not just Mum and Dad - more evidence that families help people move](/img/default/eat.png)
Many existing homeowners wanting to trade up now rely on financial help from family and friends to help make the jump...
03 July 2018
From: Breaking News
![Bank of Mum and Dad remains open and contributes towards 25% of purchases](/img/default/eat.png)
The Bank of Mum and Dad will provide funding towards around a quarter of property purchases this year, according to research. By...
30 May 2018
From: Breaking News
![Property wealth: More bad news for the young](/img/default/eat.png)
It’s not breaking new ground to say that younger people have what many regard as the raw end of the deal...
02 December 2017
From: Features
![Savills' gloomy market warning on sentiment, Brexit and interest rates](/img/default/eat.png)
Savills has given a pessimistic outlook for the mainstream housing market for the next five years. It says average house prices across...
03 November 2017
From: Breaking News
![Over 40% of parents can't afford to help offspring buy a home](/img/default/eat.png)
Some 41 per cent of parents are not in a position to provide any financial support towards helping their child get...
20 October 2017
From: Breaking News
![Forget Mum and Dad - now first time buyers can crowdfund deposits](/img/default/eat.png)
An online platform has been launched with the aim of allowing first time buyers to seek crowdfunding to raise enough cash...
21 September 2017
From: Breaking News
![Savills says credit crunch still shapes housing market, 10 years on](/img/default/eat.png)
High end estate agency Savills says the credit crunch - roughly 10 years old next month - is still having an...
27 July 2017
From: Breaking News
07 July 2017
From: Breaking News
![Not just first timers - many 'second steppers' need parental help to buy](/img/default/eat.png)
New research suggests the Bank of Mum and Dad is now helping so-called ‘second steppers’ - existing owners moving up the...
26 June 2017
From: Breaking News
![Another report urges Bank of Mum and Dad to fund next generation](/img/default/eat.png)
A new report, conducted by the Centre for Economics and Business Research for the financial services group Legal & General, claims...
22 June 2017
From: Breaking News
![Parental funding to help buyers rises 23% in just one year](/img/default/eat.png)
Research from Legal & General and the Centre for Economic Business and Research says parents are to spend 23 per cent...
03 May 2017
From: Breaking News
![Transaction levels to remain sluggish this year, warns top agency](/img/default/eat.png)
Savills is warning that while low interest rates will probably keep house prices relatively static, transaction volumes are likely to remain...
11 April 2017
From: Breaking News
![Parents pay £825 for child's first owned home or £631 for first rental](/img/default/eat.png)
A survey of 1,000 parents has apparently revealed just how much they pay when their offspring first leaves home to live...
11 April 2017
From: Breaking News
![The rise of the first-time buyer - is this the return of generation buy?](/img/default/eat.png)
There are more first-time buyers (FTBs) finding a way on to the property ladder than at any time since the Financial...
01 April 2017
From: Features
![What's wrong with using Bank of Mum and Dad? asks property guru](/img/default/eat.png)
A leading housing market analyst has made a stout defence of the growing trend of young buyers relying on their parents...
29 March 2017
From: Breaking News
!['Family Mortgage' idea for first time buyers provokes criticism](/img/default/eat.png)
Nationwide has introduced what it calls a ‘Family Deposit Mortgage’ in a bid to help first time buyers. It is aimed at...
28 March 2017
From: Breaking News
![First time buyers' problems set to continue, warns commission](/img/default/eat.png)
The proportion of first time buyers relying on inherited wealth or loans from the ‘Bank of Mum and Dad’ has reached...
27 March 2017
From: Breaking News
![Many first time buyers save for up to a decade for a deposit](/img/default/eat.png)
Research from the consumer organisation Which? claims that first time buyers are typically saving for anything up to a decade for...
15 March 2017
From: Breaking News
![Will Hammond's property past benefit the future of our industry?](/img/default/eat.png)
We are now only days away from one of the most-anticipated events in UK politics; one which has a considerable impact...