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Category Archives: First Time Buyers

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Parents spend £20bn a year supporting their adult kids

First Time BuyersBy heartit14th June 2017Leave a comment

The first-time buyer burden on parents is £20.1bn according to Aldermore, which worked out the annual cost of supporting children who want to buy their first property. More than one in five (22%) aspiring first-time buyers live with their parents and a quarter (26%) admit they will have to do so for at least another…

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