Most UK parents will gift their child £1,000 to £5,000 for a deposit

Ben Thompson, Deputy CEO at Mortgage Advice Bureau, looks at other ways parents could help their children get onto the property ladder beyond gifted deposits.

Half of the parents surveyed by Homeowners Alliance said that they wished they could provide more financial support than they are able to.

Average first-time buyer deposits remain eye-wateringly high regardless of the Bank of Mum and Dad's generosity.