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Home buying crisis with 80% surge in first time buyers relying on financial gifts | Personal Finance | Finance

Almost half of first-time buyers now rely on handouts from the bank of mum and dad and other relatives to get a foot on the property ladder.

A THIRD of first-time buyers now depend on the Bank of Mum and Dad

Official figures have revealed that almost half of first-time buyers now rely on handouts from their nearest and dearest.

A THIRD of first-time buyers now depend on the Bank of Mum and Dad

Official figures have revealed that almost half of first-time buyers now rely on handouts from their nearest and dearest.

Divorce rates at lowest level in decades 'due to cost-of-living crisis'

Divorces at lowest level in decades 'due to cost of living crisis'

There were 80,057 divorces granted in England and Wales in 2022.

Fewest number of divorces since 1971 despite new 'no-fault' laws

Divorces have hit their lowest levels since 1971 despite the introduction of new “no fault” laws, official data has revealed.

Divorces plunge to lowest level since 1971 following post-Covid spike

Some 80,057 divorces were granted in England and Wales in 2022, down nearly a third from the 113,505 seen in 2021.

How long marriages now last as divorce rate hits 50-year low

ONS: Divorce Rates Drop to Lowest Level in Decades

Divorce at lowest rate in over 50 years as cost of living crisis makes it too expensive

Figures from the Office for National Statistics shows divorces are at their lowest rate in over 50 years - with experts putting it down to the cost of living crisis