02/11/2026
Working full-time, still living with your parents—and wondering how everyone else is buying a home? 🏠
Welcome to Mortgage Monday.
You have heard of the “Bank of Mum and Dad”— now there is the “Hotel of Mum and Dad”: staying at home to save a deposit.
But why has family help become so important?
Over the longer term, house prices have outpaced earnings. That creates a double hurdle: a bigger deposit to save, and a bigger gap between what you can borrow and what a home costs.
Meanwhile, paying rent makes building that deposit harder.
And parents who’ve benefited from rising property values may have wealth their children simply can’t build through wages.
That’s “intergenerational wealth inequality”—in plain English, your route onto the ladder increasingly depends on the wealth in your family.
A gifted deposit can help. Living at home can help. But neither is available to everyone.
No family help? Don’t count yourself out. Message us to speak to our mortgage adviser Alex, FIRST HOME” to explore your options.
