Young Scots may never own a home, says survey

A young couple looking for a property. Picture: Robert Perry

A young couple looking for a property. Picture: Robert Perry

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A fifth of parents in Scotland believe their children will need “substantial financial support” to buy their own home according to a Bank of Scotland survey.

More parents in southern Scotland (17 per cent), Glasgow (16 per cent) and Aberdeen (15 per cent) than anywhere else think their children’s generation will never buy their own home.

The YouGov-completed research, based on 3,056 online interviews, showed a fifth of parents aged 45-54 and 35-44 feel under pressure to help their children with education costs.

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