Dossier
Bank of Mum and Dad
Coverage of Bank of Mum and Dad in the Nexus archive.
- Majority of first-time home buyers need Bank of Mum and Dad... but typically save £24,261 themselves
Most first-time home buyers require financial assistance from their parents, though they typically save £24,261 on their own. The article highlights the common reliance on family support in the UK housing market.