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Value of houses purchased with family financial help Britain 2016, by family member

This statistic illustrates the total value of properties purchased with financial assistance received from family members in Great Britain as of 2016, broken down by family member. It can be seen that the majority of housing purchased with financial assistance was attributable to the parents at that time, with a total of almost 65 billion British pounds of property being purchased with the help of financing coming from this source. Furthermore, the grandparents of homeowners in this category helped them to purchase a total of almost 5.7 billion British pounds worth of property in Great Britain at that time. Also extended family, other family members and friend circles were financially helpful to the homeowners in Great Britain.

Value of properties purchased with financial assistance from family members in Great Britain as of 2016, by member

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Source

Release date

May 2016

Region

United Kingdom (Great Britain)

Survey time period

February 2016

Number of respondents

1,000 respondents

Age group

18 years and older

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Statistics on "Family financial support in the UK"

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