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Over the past few years, homeownership has become less affordable for young people in the UK. Housing tenure is one of the key determinants of perceptions of social class. Difficulties in shifting from renting to buying can therefore be a barrier to intra-generational social mobility. Parental support for first-time buyers can mitigate this but such support is most likely to be forthcoming from parents who already homeowners. While such support cannot fundamentally address problems with large-scale upward intergenerational social mobility it has a part to play and can indeed limit adverse movements. Hence SMC commissioned CCHPR to examine the role that family support plays in young people’s access to homeownership. The research includes static and dynamic analyses of parental help for home ownership and comparative analyses between assisted and unassisted first time buyers.

CCHPR Contact

Funder

Social Mobility Commission

Project Start Date

July 2016