---
title: The so-called 'Bank Of Mum & Dad' is starting to struggle to help their children - Censeo Financial
description: 30 and 40-somethings who are trying to get onto the property ladder have increasingly resorted to the ‘Bank of Mum & Dad’ but their purse strings are getting tighter, according to a new report by Legal & General. The lender noted that the average parental contribution for homebuyers this year would be £18,000, down 17%... Read more »
---

[News - Censeo Financial ](https://censeo-financial.com/news)

# [The so-called 'Bank Of Mum & Dad' is starting to struggle to help their children - Censeo Financial](https://censeo-financial.com/news/the-so-called-bank-of-mum-dad-is-starting-to-struggle-to-help-their-children)

 Written by [admin](https://censeo-financial.com/news/author/admin) | May 29, 2018 2:23:43 PM

30 and 40-somethings who are trying to get onto the property ladder have increasingly resorted to the ‘Bank of Mum & Dad’ but their purse strings are getting tighter, according to a new report by Legal & General.

The lender noted that the average parental contribution for homebuyers this year would be £18,000, down 17% from last year’s £21,600. However, more than one in four buyers are still expected to receive financial help from friends or family.

[More on this story here](https://www.bbc.co.uk/news/business-44283507).

[View full post](https://censeo-financial.com/news/the-so-called-bank-of-mum-dad-is-starting-to-struggle-to-help-their-children)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "admin"
  },
  "dateModified" : "2025-04-11T16:45:18.626Z",
  "datePublished" : "2018-05-29T14:23:43Z",
  "headline" : "The so-called ‘Bank Of Mum & Dad’ is starting to struggle to help their children",
  "image" : {
    "@type" : "ImageObject",
    "height" : 60,
    "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
    "width" : 60
  },
  "mainEntityOfPage" : "https://censeo-financial.com/news/the-so-called-bank-of-mum-dad-is-starting-to-struggle-to-help-their-children",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "News"
  }
}
```