It's incredibly hard for people to get on the property ladder today

It's incredibly hard for people to get on the property ladder today.

It's not surprising, then, that "financial gifts" from family members are now supporting a third of property transactions.

The average amount given by family is expected to hit £25,600 this year, a 50% increase from 2020.

It appears that for many, owning a home is impossible without mum and dad's help: https://bit.ly/44G51lJ

#BankOfMumAndDad #Mortgages #UKHousingMarket #UKProperty