Gifts and loans from the Bank of Mum & Dad totalled £9.4 billion in 2023, according to the latest analysis from...
Archive
April Mortgages has improved its capital raising criteria, to make it easier for borrowers looking to raise additional capital for gifting...
14 August 2024
From: Breaking News
Overall, the total value of the UK housing market contracted by 21% in the year to March 2024, on the back...
19 June 2024
From: Breaking News
New research indicates that the Bank of Mum and Dad may not be as prevalent as it once was, with the...
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...