
97% believe young buyers will struggle to buy without family support, research reveals
The survey of 2,126 adults aged 45 and over found 97% believed it was difficult or very difficult for young people to purchase a property without family support.

The survey of 2,126 adults aged 45 and over found 97% believed it was difficult or very difficult for young people to purchase a property without family support.

Gatehouse Bank will now accept gifted deposits from non-family members and eligible individuals living overseas in selected countries.

The society has extended its current definition to include all family members and stepfamily.

David Wilson Homes has revealed some of the most common mistakes that mortgage applicants make in securing a new home.

Many first-time buyers now depend on these gifts to get onto the property ladder.

The survey also revealed that 60% of new first-time buyers believe parental financial support is crucial for getting into the property market.

Legal & General Ignite recorded a 9% month-on-month increase in searches for first-time buyer products in November.
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