New figures show ‘The Bank of Mum and Dad’ (BOMAD) is set to become the 11th largest financial lender in the UK - highlighting the significant role that family support now plays in the property market. Latest research conducted by Legal & General and the Centre for Economics and Business Research (CEBR) has revealed that 62% of aspiring homeowners under the age of 35 are reliant on parental support to finance their first home move*.

Danny Rowland, Sales Director, St Edward comments: “Even with government funded schemes such as Help to Buy already in place, many first-time buyers are still struggling to save for a deposit. A gift or loan from parents, grandparents or siblings is proving a huge help for those looking to buy their first home.

“We are hosting an event at Green Park Village for buyers keen to get their foot on the property ladder and who may be considering using family financial support. We will have experts on hand to advise on the key steps involved in the process”.

The Westport Apartments at Green Park Village are a stylish collection of apartments ideally suited for First Time Buyers. The properties are priced from £259,500 and come with allocated car parking.

To book your appointment at the Green Park Village event on Saturday 17th August, please call 01189 391 3544 or visit