The First-Time Buyer still faces sizeable issues, such as raising a deposit and meeting the strict borrowing criteria. However, much is being done by the government (and possibly family and friends) to help them on the way. There’s a lot of assistance out there for First-Time Buyers. This is in addition to the government’s desire and support to get more homes built across the UK. Also, let’s not forget that for some, there’s support from the Bank of Mum & Dad (plus Grandparents and friends). According to Legal & General, this would equate to the Bank of Mum & Dad being a £5.7bn a year mortgage lender! Over a quarter of all buyers (27%) are estimated to have received help from friends or family in 2018, purchasing almost 317,000 homes! It’s not just restricted to first-timer buyers. (Source: Legal & General, Bank of Mum & Dad report 2018) You can read the whole article on our website at http://gmbp.in/u/5d3ae6da03fd9 Related Post : http://gmbp.in/73548