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