first-time buyers

Ask the Experts: Will we pay tax if we give our son money to buy a property?

Friday, 11 August 2017 | Question and Answer

If you gift the money to your son, the only tax which could come into play is inheritance tax (IHT).

Lower paid workers will wait over 100 years to buy first home

Wednesday, 05 July 2017 | News

If you work in certain professions, you would need to save up until the next century to afford to buy your first home, research from HouseSimple.com has revealed.

Government schemes for first-time buyers don’t help poorest

Monday, 03 July 2017 | News

Many government housing schemes are more likely to support better-off first-time buyers, the Social Mobility Commission has revealed.

First-time buyers pay record prices

Saturday, 01 July 2017 | News

The average price first-time buyers are paying to get on to the property ladder has hit a record high of £207,693, according to the latest Halifax First Time Buyer Review.

Bank of Mum & Dad helps a third of ‘Second Steppers’

Monday, 26 June 2017 | News

Almost a third of homeowners looking to move up the property ladder rely on financial support from family and friends, saying they need an extra £21,231 on average, to make their next move, according to new research by...

Should you help your kids on to the property ladder?

Tuesday, 20 June 2017 | Article

First-time buyers are turning to the Bank of Mum and Dad for help on to the ladder. But what should parents bear in mind before digging deep? We speak to families who have been through this.

House prices up by £3,500 month-on-month

Wednesday, 14 June 2017 | News

House prices are rising at a faster rate, with the UK House Price Index (UK HPI) for April up by 5.6% annually, bringing the average price of a property to £220,094.

General Election 2017: which party will be best for house prices and fixing the housing crisis?

Tuesday, 06 June 2017 | News

Whether you’re keeping a watchful eye on whether house prices will continue to rise or you’re worried that not enough houses are being built, with all the political rhetoric it’s hard to know which major party will serve...

Growing number of millennials still live with parents

Friday, 05 May 2017 | News

The number of people aged 25 to 34 who live with their parents has risen by 37% over 10 years, according to new research by Aviva.

Bank of Mum and Dad to fund a quarter of properties in 2017

Tuesday, 02 May 2017 | News

Parents will lend more than £6.5 billion in 2017 to help their kids get onto the property ladder, putting it on a par with the UK’s ninth largest mortgage lender (Yorkshire Building Society), according to new research by...