Property News · June 8, 2015

Almost a third of would-be buyers move back in with parents


Generation Rent survey from Halifax highlights continuing difficulties in saving for deposits, mortgage availability and barriers to homeownershipGrowing numbers of would-be first-time buyers are moving back in with their parents, despite record low mortgage rates and an increasing availability of mortgages for those with small deposits, according to research by Halifax.The data from its latest Generation Rent report also showed a big divide between the help available to first-time buyers whose parents own a property and those whose family are in rented accommodation. Continue reading…

Source : theguardian.com
Read more…Almost a third of would-be buyers move back in with parents

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