Help Your Children Make Their First Step On to Property Ladder

The ScotsmanJune 19, 2004

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Summary


THE cost of helping children hit the headlines again this week. This time it was not the tens of thousands of pounds it will cost to put them through university, but the costs of helping them on to the property ladder.

A study by MORI for the charity the Joseph Rowntree Foundation claimed that British parents were spending GBP 17,000 to get their offspring into their first home. Regional variations apply, as those setting up home in the north of England cost their parents a relatively modest GBP 7,220 compared to the GBP 23,670 needed in the south.

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Help Your Children Make Their First Step On to Property Ladder

There are numerous options for those who want to help their chi...

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