Property News · May 2, 2017

Are your parents helping you to buy your first home?


First-time buyers are struggling to get on the property ladder relying on parents for loans. We’d like to hear from you about your experiencesFinancial assistance from parents for children attempting to buy their first home has risen from an average of £17,000 in 2016 to £21,600 this year.Parents are expected to lend their children more than £6.5bn this year to help them get on to the property ladder, according research by Legal & General and economics consultancy Cebr. Continue reading…

Source : theguardian.com
Read more…Are your parents helping you to buy your first home?

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