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Whose parents have a spare £20k + floating about the goddamned place?
Quite a lot of people? I don't think it's that uncommon for people in their sixties and seventies, or older grandparents, to have quite a lot in savings. Or if they've paid off their mortgages they might remortgage to get the cash.
For people trying to buy it makes a massive and seemingly arbitrary difference, but I don't think it's a tiny elite whose parents help them buy. Thinking that there's also a difference within the group of older people who have savings, between those that consider their offsprings desire to buy a home to be a valid rainy day, or not. Some might, quite reasonably, want to hold onto it for illness and old age.
hoefla-
I don't think it's a tiny elite whose parents help them buy
I think we come from different backgrounds. To me, ANYONE who can afford to buy a place in London, with or without help, is in an elite of one kind or another. And if their parents are able to just drop £20k on them for the lols, they're even more elite. I don't come from a middle class background where savings are the norm - most of the people I grew up with still live in their council houses.
ReekBlefs
Motherfucker I missed this. Oh man now my blood is boiling too.
Whose parents have a spare £20k + floating about the goddamned place? For fucks actual sake