First Time Buyers
(asked on 25th January 2017) - View Source
Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Communities and Local Government, what data his Department holds on the extent to which first-time home buyers receive financial help from their parents or another family member.
This question was answered on 30th January 2017
According to the department's English Housing Survey, in 2014-15, 27% of first time buyers had help from friends and family to purchase their home. One in ten used an inheritance.