Getting onto the property ladder has become increasingly difficult for many first-time buyers and family support is now playing a significant part in helping them make that first purchase.
More than half of first-time buyers receive financial help from family through gifts, loans or inheritance and families contributed around £11 billion towards property purchases in 2025.
For parents or grandparents who are able to help, it can be a very positive thing to do. However, there is more to consider than simply how much you can afford to give.
How the money is provided can have implications for tax, ownership and the level of control or protection you retain. The right approach will also depend on your own circumstances and what you want the arrangement to achieve.
Our latest Private Client Insights guide looks at the different ways families can support a house purchase and some of the issues worth considering before the money changes hands.
If you are thinking about helping a child or grandchild with a property purchase, download our Bank of Mum and Dad guide here.
All data and figures referred to in our news section are correct at the date of publishing and should not be relied upon as still current.
