{"id":138483,"date":"2023-07-25T23:05:59","date_gmt":"2023-07-25T16:05:59","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-in-four-new-uk-homebuyers-under-25-rely-on-bank-of-mum-and-dad-study\/"},"modified":"2023-07-25T23:30:49","modified_gmt":"2023-07-25T16:30:49","slug":"one-in-four-new-uk-homebuyers-under-25-rely-on-bank-of-mum-and-dad-study","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-in-four-new-uk-homebuyers-under-25-rely-on-bank-of-mum-and-dad-study\/","title":{"rendered":"One in four new UK homebuyers under 25 rely on \u2018bank of mum and dad\u2019 \u2013 study"},"content":{"rendered":"


\nResearch by Bank of England economist reveals huge scale of parental support in housing market The massive scale of parental support for young people seeking to buy their first property has been revealed in a UK study showing one in four new homebuyers under 25 rely on the \u201cbank of mum and dad\u201d.A blogpost by a Bank of England economist found that even before the sharp increase in house prices during the Covid-19 pandemic, the children of better-off parents were able to become owner occupiers four years earlier than those without parental support. Continue reading…
\n
\nSource : theguardian.com
\nRead more…One in four new UK homebuyers under 25 rely on \u2018bank of mum and dad\u2019 \u2013 study<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Research by Bank of England economist reveals huge scale of parental support in housing market...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-138483","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-A1B","jetpack-related-posts":[{"id":143040,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/im-embarrassed-to-rely-on-my-parents-the-downside-of-handouts-from-the-bank-of-mum-and-dad\/","url_meta":{"origin":138483,"position":0},"title":"\u2018I\u2019m embarrassed to rely on my parents\u2019: the downside of handouts from the \u2018bank of mum and dad\u2019","date":"March 16, 2024","format":false,"excerpt":"\r First-time buyers in the UK, rather than resenting people who are better off, are concerned about how challenging it is to get on the property ladderThe idea that Britain is becoming a more meritocratic society has long been a theme of Conservative leaders, from Theresa May to Liz Truss.That\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138961,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-family-to-help-a-record-number-of-uk-house-buys-this-year\/","url_meta":{"origin":138483,"position":1},"title":"\u2018Bank of family\u2019 to help a record number of UK house buys this year","date":"August 28, 2023","format":false,"excerpt":"\r Affordability problems for first-time buyers mean parents, grandparents and siblings are stepping in to helpThe \u201cbank of mum and dad\u201d, where homebuyers rely on their parents to get a foot on the property ladder, has long been a key part of the UK housing market.But continued pressure on budgets\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11864,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/parental-help-behind-25-of-british-mortgages\/","url_meta":{"origin":138483,"position":2},"title":"Parental help behind 25% of British mortgages","date":"May 3, 2016","format":false,"excerpt":"\r Lending power of \u2018Bank of Mum and Dad\u2019 to reach \u00a35bn this yearThe \u201cBank of Mum and Dad\u201d will help finance 25% of UK mortgage transactions this year, according to research.Parents are set to lend their children \u00a35bn to help them on to the property ladder. Continue reading...\r \r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101982,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-mum-and-dad-divides-uks-generation-rent\/","url_meta":{"origin":138483,"position":3},"title":"\u2018Bank of mum and dad\u2019 divides UK\u2019s generation rent","date":"December 4, 2018","format":false,"excerpt":"\r Homes market deepens inequality as those lacking parental support struggle to buy\r \r Source : ft.com\r Read more...\u2018Bank of mum and dad\u2019 divides UK\u2019s generation rent","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53559,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-housing-dont-bank-on-mum-and-dad-editorial\/","url_meta":{"origin":138483,"position":4},"title":"The Guardian view on housing: don\u2019t bank on Mum and Dad | Editorial","date":"May 3, 2017","format":false,"excerpt":"\r Parents are lending more than ever to help their children buy property \u2013 and entrenching inequality as they do so. More decent, affordable homes are neededOver recent years, a financial force has risen steadily through the ranks: it is now equivalent to the ninth-largest mortgage lender. But the bank\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11960,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-mum-and-dad-behind-25-of-british-mortgages\/","url_meta":{"origin":138483,"position":5},"title":"'Bank of Mum and Dad' behind 25% of British mortgages","date":"May 3, 2016","format":false,"excerpt":"\r Lending power of parents to reach \u00a35bn this yearThe \u201cBank of Mum and Dad\u201d will help finance 25% of UK mortgage transactions this year, according to research. Related: UK housing crisis: four in 10 renters fear they will never own a home Continue reading...\r \r Source : theguardian.com\r Read\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138483"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=138483"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138483\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}