A third (33%) of parents in the South West now see it as their ‘parental duty’ to contribute to their child’s first property purchase, with nearly half (49%) gifting over £10,000 to their child and one in eight (12%) over £50,000, according to new research from QualitySolicitors.
In the process, parents in the region are making major sacrifices, with one in five (20%) of parents in...
