According to research from Legal & General and economics consultancy Cebr, this year ‘bank of mum and dad’ will lend more than £6.5bn to allow their children to get on the property ladder.
London? Manchester? No, Northampton!
A survey carried out by Zoopla looked at 50 cities and large towns outside of London in order to measure the period that passed between a home being put on to the market and it going under offer. According to these findings the national average period between listing a home for sale and achieving an offer is around 47 days, which explains why Northampton, where homes take just 27 days on average to go under the hammer, has proved itself the latest uk property hotspot!