It is often the lender most turn to for cash when all else fails. But now it seems even the bank of mum and dad is no longer a guaranteed insurance policy. For parents are now calling in their ...
As if first-time buyers didn’t have enough to contend with, it would seem there are now problems accessing cash from the Bank of Mum and Dad. High living costs are impacting parents’ ability to help ...
Research by Consumer NZ in 2022 found the Bank of Mum and Dad was the country's fifth-biggest lender, with $22.6 billion in loans doled lout to young home buyers. Photo / 123RF One in three first ...
Our housing market isn’t only dysfunctional, it is ever more reliant on the Bank of Mum and Dad. Since the 2010s, parents have been a top 10 mortgage lender in the UK. We may shy away from it, but we ...
The bank of mum and dad has been forking out around $40,000 to help their kids buy a house, research shows. That's the whopping figure reported in Compare the Market's latest Household Barometer.
One in three first home buyers in New Zealand have received financial help from the Bank of Mum and Dad, new reports claim. A Kiwibank study has found high property prices are keeping young people ...
The Bank of Mum and Dad is feeling the strain of the cost-of-living crisis, with many parents forced to cut back on financial support for their children’s home purchases. A survey by Aldermore found ...
Kids are more often getting help to buy a house from the bank of mum and dad. Photo / Doug Sherring Another week, another grim statistic. As our top-line economic numbers slowly grind their way ...
New research from KiwiBank found that 1 in 3 first home buyers in New Zealand got a boost from the Bank of Mum and Dad. With the cost of living and interest rates in the current day, it may seem ...
Homebuyers without access to the bank of mum and dad would struggle to buy in much of inner Perth, even if they earn an above-average wage, new analysis shows. Even high-earning couples would need ...