The areas most dependent on mum and dad for house deposits

In this regional breakdown, we reveal the bits of Britain supposedly most dependent on the bank of mum and dad to get a house deposit together. The results may surprise you.

It is now an established phenomenon: if you want to buy a house, you are probably going to need some help from someone. For most people, that means a conversation about money with mum and dad.

In this gallery, we look at the bits of Britain most dependent on parental input for deposits. Some of the results may surprise you.

The data is based on the results of a survey of 1,261 UK citizens aged 16 and over, conducted in November 2018 by British Pearl and Opinion Matters. 

Click on to read the article.

Check out the previous article we published on this topic too. 

It is now an established phenomenon: if you want to buy a house, you are probably going to need some help from someone. For most people, that means a conversation about money with mum and dad.

In this gallery, we look at the bits of Britain most dependent on parental input for deposits. Some of the results may surprise you.

The data is based on the results of a survey of 1,261 UK citizens aged 16 and over, conducted in November 2018 by British Pearl and Opinion Matters. 

Click on to read the article.

Check out the previous article we published on this topic too. 

Location: Edinburgh

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 13.6%

Location: Newcastle

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 14%

Location: Norwich

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 15.3%

Location: Cardiff

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 17%

Location: Glasgow

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 17.8%

Location: Leeds

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 18.5%

Location: Nottingham

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 19%

Location: Brighton

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 19%

Location: Belfast

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 21.1%

Location: Bristol

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 22.2%

Location: Sheffield

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 23.1%

Location: Southampton

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 23.7%

Location: Liverpool

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 25%

Location: Manchester

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 26.9%

Location: Birmingham

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 31.5%

Location: London

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 36.8%.

Location: Plymouth

Percentage of respondents who planned to ask their parents or grandparents for help with deposits: 36.8%

Share this story

More Content

ADVICE

3 Comments Breakfast Club: From offshore oil worker to running an advice firm

Breakfast Club: From offshore oil worker to running an advice firm

Jennifer Ellis runs Wellington Wealth alongside sister Nicola Ellis, emphasising the importance of family and client service

twitter_banner

INVESTMENT