Kids using 'bank of mum and dad' making substantial moves up the UK property ladder
A Barclays survey shows 20% of second-time buyers in the UK get financial help from family, receiving an average of £81,451 amid rising borrowing costs.
9 Articles
9 Articles
Bank of mum and dad now lending to 'second steppers': Barclays
The bank of mum and dad is no longer just funding first-time buyers, but increasingly paying for those buying a second home. That is according to research from Barclays Property Insights, which found that nearly one in five owners (19%) had financial help to buy… The post Bank of mum and dad now lending to ‘second steppers’: Barclays appeared first on Mortgage Finance Gazette.
Bank of mum and dad now funding 'second steppers'
The bank of mum and dad is no longer just funding first-time buyers, but increasingly paying for those buying a second home. That is according to research from Barclays Property Insights, which found that nearly one in five owners (19%) had financial help to buy…The post Bank of mum and dad now funding ‘second steppers’ appeared first on Mortgage Strategy.
One in five second-steppers needed family or friends’ help to buy home
One in five second-steppers needed family or friends’ help to buy home - 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.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium





