Tag: home buyer
December 19 2021
Lending by bank of mum and dad reaches a record £10 billion
Research by estate agent Savills has found that the bank of mum and dad will finance nearly half of all first-time buyer purchases this year. The study found that total contributions are likely to reach £9.8 billion, which is equal to an average of just over £58,000 each for an estimated 169,000 first-time purchases. This...
June 21 2021
What could you do with Boris Johnson’s make over budget?
With an investigation into the source of £58,000 said to have been paid towards the refurbishment of the prime minister’s flat at 11 Downing Street, estate and lettings agency Ascend Properties took a look at what the average UK homeowner could do with this sum. After a year spent largely at home, most people have...
