One in four adults who received parental assistance to purchase a home were given more than £10,000, according to new survey data from savings app Spring.
The research, which surveyed 2,001 adults, found that 25% received financial help from what has become known as the Bank of Mum and Dad. The typical amount provided stood at £11,241.
Distribution of parental support
The survey revealed significant variation in the level of support provided. A third of recipients received between £1,000 and £4,999, whilst 18% were given between £5,000 and £9,999.
Around 16% received between £10,000 and £24,999, and nearly 9% were given between £30,000 and £50,000. A small proportion, 0.3%, received £50,000 or more from their parents.
Derek Sprawling, head of money at Spring, said: “Many people associate the Bank of Mum and Dad with helping younger family members onto the property ladder, but these findings show the scale of support being provided can be significant.”
“For those fortunate enough to receive financial help, it can accelerate progress towards major life goals such as buying a home or building financial stability,” he added.
Wider market context
The findings align with earlier research by Savills which indicated that more than half of first-time buyers rely on family support. That study found 64% of first-time buyers draw on their own savings, whilst 53% rely on support from family through gifts, loans, or inheritance.
Overall, gifts and loans from family members totalled £8.3 billion in 2025, rising to £11 billion when inheritance is included, according to the Savills data.
The increasing reliance on parental contributions comes as mortgage fraud cases increase across all categories, whilst lenders continue to develop new products. Recent developments include higher loan-to-value bridging finance options for property purchases.
The data highlights the structural challenges facing prospective homebuyers in accessing the property market without family assistance, with parental contributions becoming an increasingly normalised component of first-time buyer deposits.
