Three in five first-time buyers depend on the bank of mum and dad in order to get onto the property ladder, according to research by Just Group. In the last five years, 61 per cent of FTBs relied on financial help from relatives in order to purchase a property. In comparison, just 20 per cent of FTBs relied on financial assistance from relatives 30 years ago.
If you’re considering buying your first home, moving to a new property, or investing in a buy-to-let, now is the perfect time to start planning - and Skyline Mortgage Consultants is here to help over the Christmas break.