Bank of Mum and Dad open for business

Estate agent Savills has said that the Bank of Mum and Dad will support nearly half of all first-time buyers with gifts and loans set to total £25 billion over the next three years (2022–2024).

Its analysis found that, in the three years to 2024, almost half a million first-time buyers (470,000), equating to almost one in two first-time buyers, will get financial help from a parent or other family member.

This help is likely to be needed to replace the Help-to-Buy Scheme which finishes on 31 March 2023 although the final date to reserve a Help to Buy home is 31 October 2022.

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Excellent service, highly recommended. Great communicators and very helpful for us as first-time buyers.
Always there to help with helpful and honest advice, would recommend to anyone. We are first time buyers and they really helped with simplifying all the jargon and giving us great advice.
Chris M
Great communication and customer service throughout the process.
A very helpful, trustworthy and straight,-talking service that got us the result we wanted.
First time buyer
Very informative personnel, happy to help and easy to communicate with. I would definitely recommend.
Excellent service! Couldn't ask for.more. thank you so much !!
Mr&Mrs Martin
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