Average parental contribution to home purchases reaches £11k

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New survey data shows that one in four adults receiving parental assistance when buying homes get more than £10,000, with a typical contribution from the 'Bank of Mum and Dad' around £11,241. The report highlights variations in support levels across the UK.

One in four adults who received parental assistance to purchase a home were given more than £10,000, according to new survey data. The typical amount provided by the Bank of Mum and Dad stood at £11,241, with significant variation in support levels. The post Average parental contribution to home purchases reaches £11k appeared first on PropertyWire.