• Litigation & Dispute Resolution
• Business Sale & Purchase
• Partnerships & LLPs
• Companies & Directors
• Banking & Finance
• Employment - Employers
• Commercial Documentation
• Debt Recovery
• Corporate Insolvency
• Commercial Property
• Landlord & Tenant
• Planning
• Licensing
• Professional Negligence
• Regulatory Law
• HR External Support
• Primary Care

• Wills and Estate & Tax Planning
• Probate
• Disputed Wills & Probate
• Powers of Attorney
• Residential Property
• Dispute Resolution
• Personal Insolvency
• Employment - Employees
• Family & Divorce
• Professional Negligence

• Education
• Transport & Motor Industry
• Care Homes
• Leisure, Food & Drink
• Professional Practices
• Sport & Entertainment
• Tax Advisory Service
• Retail, Franchising & Distribution
• Professional Negligence
• Wealth Management
• Company Formations
• Company Secretarial Services
• HR External Support
• Advance Care Planning
• Primary Care

Posts Tagged: Mortgage

The Bank of Mum & Dad Now in the Top 10 of Lenders

Posted by Alice Darch on May 10th 2017 in Blog Posts, Property

With the average first-time buyer requiring a deposit of £26,000 and the average annual salary being £27,600, it is no surprise that first-time buyers are getting older (the average age has increased from 30 to 33) and the number of people buying a property on their own is decreasing (from 29% in 1994/95 to 14% in 2014/15). More people are also now buying in couples – this has increased from 63% to 80% in the same time period. Parents are predicted to lend £6.5bn to their children this year, making them one of the top ten biggest mortgage lenders in...

• Tagged Family, Finance, First Home, Loan, Money, Mortgage, First Time Buyer, Lender
• |Be the first to leave a comment