Thursday, February 27, 2025
Home Community How London became an inheritocracy

How London became an inheritocracy

by News Room
0 comment

67%: proportion of homeowners in London who receive parental support to purchase their homes

£9.2bn: the amount of money contributed by families to support house purchases in the UK last year

£31k: the average amount received from family members to buy a property in London

58%: percentage of intergenerational support that goes to first time buyers

£335k: british property purchases that were made with the help of family money in 2024

Leave a Comment