Monday, 6 February 2012

One in ten young people rely on 'Bank of Granny and Grandad' for help with house deposit | Mail Online

One in ten young people rely on 'Bank of Granny and Grandad' for help with house deposit | Mail Online

For millions of young people, the Bank of Mum and Dad was the only way to get on to the property ladder.

But even that has hit upon hard times – and granny and grandpa have stepped into the breach, a report reveals.

It said rising numbers of young people struggling to buy their first home are being forced to ask their grandparents for help with house deposits.

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