Trusted Property Managers in Windsor

Parents remain the go to when their children are looking to get onto the housing ladder In a recent study carried out my Aviva (focussing mainly on the under 45s, it was found that 12% of respondents were expecting a gift or a loan from parents to help with the cost of buying a new home and 4% said they expect the same from Grandparents. These amounts ranged £14,130 to £18,850. They worked out that if this was replicated across the first-time buyers’ market there is an astronomically £23m being gifted or loaned by family members to get their children into their first home. Some of the other big numbers that came out in this research • Half of those researched are not currently looking to buy a property – but will look to buy n the future. • 16% said they have no intention of trying to buy a property. And of these 1/5 put this down to the cost-of-living crisis and the rising levels of inflation making it impossible to buy their first home This is placing increasing pressure on the rental market with the survey suggesting there are over a million people who have removed themselves from buying and are heading back into the rental sector. If you are investing in the rental sector and need an inventory clerk that covered East Berkshire and North Surrey get in touch today...