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bank of mum and dad

  • Britain needs practical ideas to fix the housing crisis

    Opinion

    Prosper UK is bringing together a group of experts with a proven track record of delivery to try to solve the housing crisis, says Gavin Barwell If you were making a list of long-standing public policy failures in this country, housing would be right near the top. We haven’t built enough homes for at least [...]

    Average house prices in June flatlined in the UK
  • Bank of mum and dad now funding multiple steps up housing ladder

    Property

    The ‘Bank of Mum and Dad’ are funding more than just first steps on the housing ladder, with financial gifts pivotal for second steppers too. Nearly 20 per cent of second-time buyers have received support to buy their property, according to new research from Barclays, rising to 30 per cent for first-time buyers. This amounts [...]

    Reeves is reportedly considering a range of property taxes
  • Millions of Brits turn to ‘Bank of Mum and Dad’ for healthcare treatments

    healthcare

    Millions of Brits are turning to the ‘Bank of Mum and Dad’ for help to pay for private healthcare treatment, as NHS waiting lists continue to remain high. According to a new survey by Howden Life and Health, over the past five years, nearly one-third of UK adults, or approximately 14m people, have paid for [...]

    Brit are seeking financial support from the ‘Bank of Mum and Dad’ to afford private healthcare.
  • Housing in London now classed as unaffordable at every income level

    September 18, 2025

    London housing has been officially classed as unaffordable for every income decile in a ‘pretty grim’ picture of the housing market. New data from the Office for National Statistics (ONS) shows that the average English home costs 7.9 times the average salary. If you live in London, conditions are far worse: Someone earning an average [...]

  • £100K isn’t a big salary – and we need to talk about it

    July 1, 2025

    He lives in a grotty flat, shops in Aldi, can barely afford a holiday and earns £100k. Meet Henry: a High Earner Not Rich Yet. He may not attract sympathy, but he’s a symptom a failing economy, says Eliza Filby Nine out of ten Brits earning over £100,000 do not consider themselves wealthy. Maybe you [...]

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