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  • Could family support help Gen Y break into the housing market?
  • Could family support help Gen Y break into the housing market?
    Alan, Creative Commons (2009) ©
CASE STUDY

Barclays Family Springboard Mortgage: flying the nest with help from mum and dad

House prices are soaring, and the average age of a first-time buyer is now 35. Student debt and a highly competitive job market is forcing 36% of Millennials to live with their parents. The Barclays Family Springboard Mortgage has a solution: borrow from the bank of mum and dad.