Some four in five first time buyers aged 30 or under are likely to receive help from their parents to come up with a deposit.
Figures from the Council of Mortgage Lenders (CML) show that a higher proportion of young first time buyers are turning to their parents to help them get a foothold on the property ladder.
The average deposit required for first time buyers has remained unchanged since February, when it reached a record level of 25 per cent. The typical income multiple has also held at 2.97 from April.
Fourteen thousand home loans, worth £1.5 billion, were taken by first time buyers in May.
The CML said it expects to see a modest relaxtion in the measures in the summer, as higher loan-to-value products gradually find their way back onto the market.
Ratios could also be improved as data shows signs that lending criteria stopped tightening in May. The number of loans for home purchases crept up by four per cent in May compared to April.
The actual number totalled 37,400, with the combined value of £4.7 billion, although numbers are still down by over a quarter (28 per cent) compared to May last year.
"The trend of tightening lending criteria seems to have subsided and we may see a modest easing in these measures over the summer, which will help some borrowers," said Paul Samter, CML economist.
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