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Family Support Crucial for Homebuyers Amid Rising Costs

12/17/2025

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Summary

Story summary

Barclays research finds 20% of homeowners moving to a second property receive help from family or friends, and 52% of renters say they cannot buy without this help.
The report also shows 30% of first-time buyers rely on such support.
Average support is £81,451 for second steppers and £76,239 for first-time buyers, while rising prices and elevated mortgage rates drive affordability challenges.

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Story summary

Barclays research finds 20% of homeowners moving to a second property receive help from family or friends, and 52% of renters say they cannot buy without this help.
The report also shows 30% of first-time buyers rely on such support.
Average support is £81,451 for second steppers and £76,239 for first-time buyers, while rising prices and elevated mortgage rates drive affordability challenges.