New research indicates that the Bank of Mum and Dad may not be as prevalent as it once was, with the...
Archive
31 January 2024
From: Breaking News
Gifts and loans from the Bank of Mum & Dad (BOMAD) totalled £8.8 billion in 2022, according to the latest analysis...
21 March 2023
From: Breaking News
In the UK, homeownership remains one of the main aspirations for young adults and families who envision climbing the property ladder...
21 June 2022
From: Breaking News
Deposit Unlock, a mortgage scheme that allows new build buyers to purchase with a 5% deposit, has launched nationally with 17...
02 December 2021
From: Breaking News
According to new research from estate agents Purplebricks, 43% of today’s first-time buyers (FTBs) have fully funded their own deposit. While...
21 May 2021
From: Breaking News
2021 looks set to be another year of change in the mortgage market, with the second charge market seeing the biggest...
16 February 2021
From: Breaking News
The majority (83%) of first-time buyers in the UK currently house-hunting have had no financial support from their parents, new research...
02 February 2021
From: Breaking News
West One has launched an initiative to support the Bank of Mum and Dad (BoMaD) via its second charge mortgage range. The...
17 December 2020
From: Breaking News
As the industry starts to tighten its criteria, Saffron Building Society is affirming that there is still hope for borrowers as...
19 August 2020
From: Breaking News
Hinckley & Rugby Building Society has cut the interest rates on three mortgages particularly attractive to first-time buyers. The fee-free mortgages are...
30 January 2020
From: Breaking News
Knight Frank Finance has launched a later life finance team, making it the first major player in the property sector to...
10 July 2019
From: Breaking News
The Bank of Mum and Dad (BoMaD) is currently spending an average of £6,000 more than in 2018 to help loved...
19 June 2019
From: Breaking News
Tougher lending rules are surfacing after the expansion of the Bank of Mum and Dad (BOMAD) into one of the UK’s...
12 October 2018
From: Breaking News
The Bank of Mum and Dad is now seeking financial advice and guidance, according to new research from Key. The independent equity...
30 August 2018
From: Breaking News
The Bank of Mum and Dad is very much prevalent, with recent research showing that UK parents will help 316,000 young...
09 August 2018
From: Breaking News
Six in ten parents can afford to financially support their children to buy their first home, while only 5% can pay...
24 October 2017
From: Breaking News
10 May 2017
From: Breaking News
Homeowners remortgaged for an average of £15,000 more in 2016 than they did two years ago, with 57% of remortgage cases...
01 February 2017
From: Breaking News
Furness Building Society has launched a new first-time buyer mortgage charging 3.50% to 95% LTV. There is no product fee on the two-year...