One in six (16%) second steppers in Scotland are contemplating turning to the bank of mum and dad to plug the gap between the value of their first home and the cost of the house they would ideally move to.
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One in six (16%) second steppers in Scotland are contemplating turning to the bank of mum and dad to plug the gap between the value of their first home and the cost of the house they would ideally move to.
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Raising a deposit is a crucial challenge for many first-time buyers and is highlighted by many as the key hurdle to buying their first home.
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The number of first-time buyers increased by 3% in February, marking the best start to a year since 2008, according to new data released today by the Council of Mortgage Lenders.
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House purchase lending recorded its highest January total since 2008, according to new data released by the Council of Mortgage Lenders
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Lending to first-time buyers increased in the final quarter of the year in Northern Ireland, contributing to the largest number of loans to first time buyers in a single year since 2007, according to new data released by the Council of Mortgage Lenders in Northern Ireland.
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