In 2023, the Bank of Mum & Dad gifted or loaned an estimated £9.4 billion to adult children buying a property. It’s a sum that has almost doubled since 2019, with generous parents and even grandparents keen to help loved ones get a foot on the property ladder.
Yes it’s a cliché but will 2025 be a case of ‘New Year, new home?’ If you are serious about purchasing a property, almost everything will be dictated by your monetary situation. Here’s how to get your finances in order before you start looking for a new home.
It is one of the most unusual property phenomena but the Boxing Day bounce is real and potential sellers can prepare for it now.
Data held by the Ministry of Housing, Communities and Local Government estimates there are almost 5 million leasehold homes in England alone. As a result, many people buy, and subsequently sell, a leasehold property.
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