Many parents are looking to spend money they have saved helping their children get on the housing ladder.
A Lloyds TSB survey found that 70 per cent of parents with offspring aged over 18 thought now is a good time to get on the housing ladder.
The survey found that 23 per cent of mums and dads plan to use their
Such a move comes as first-time buyer numbers rise, the lender noted, observing that in August there were 19,200 such purchases, compared with 8,600 in January.
Commercial director of
This comes despite constructor Telford Homes claiming recently that the overall supply of