Owen Woodley's blog

The future for first time buyers (FTBs)

The ‘Bank of Mum and Dad’ has become such a feature of the first-time buyer experience that we almost assume that most people taking their first tentative steps on the property ladder will have some form of financial support from their parents. However, Post Office Money has recently been investigating this assumed intergenerational support and our findings led us to ask a number of questions, specifically – how much does it really factor into the reality of most people’s buying experience and is it a sustainable model for the future?