This week, our couple talk about why they accepted money from their parents to help them buy a flat in London.
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If I was a parent and I had worked hard all my life to save up for my kid to be able to buy a nice house, I would be more than happy for them to accept the money. Is it privilege? Absolutely yes, but I donāt see anything hypocritical about it. Lucky kids!
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Quite a contrast from the previous week ā¦
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Interesting how lots of people have morals but as soon as they can benefit from not having them then they turn a blind eye.
I donāt blame them at all, I have the same thoughts as they do about parental bungs (itās leading to a two-tiered society where some are born to have a house and others are born to rent - in London at least), however Iād probably do exactly the same if I was offered free money for nothing.
Luckily both our parents are broke so I can probably be on my moral high horse forever 
Iād like to think that in future Iāll be able to give my kids the gift of knowledge and wisdom to help them succeed in life, rather than a hundred grand in their pocket that Iāve gained from an inter-generational housing pyramid scheme, as is the current trend.
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I read that as āa cheeky cigarette when drunkā not āa cheeky -horribly derogatory word for a gay person- when drunkāā¦ some words have multiple meanings.
Is this just a misunderstanding ?
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Yeah maybe the guy should have said cigarette instead to make everyone happy. But then, you have colloquial English and professional English and some situations prefer one or the other. Like if I was having a bet Iād stick a tenner on it, rather than wagering ten pounds sterling. Should the guy be made to use a type of English he doesnāt want to because a tiny number of people take offence?
Maybe Iām just old and not with the times (Iām only 34 though!) and if other people think thatās offensive then never mind me and ban the word from the dictionary.
I donāt mean to devalue your opinion (if you feel it then itās a valid opinion) but I wonder how many people would actually be offended if someone said they have a habit of smoking the odd fā? (When theyāre clearly referring to cigarettes)
Perhaps someone needs to run a poll. I, being the crazy old man, do not know how to make a poll so Iāll just get my coat.
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I have to say that I wasnāt expecting to to agree with you. But having read the piece, it does strike me as a little jarring.
I can see @rarther ās point, too, though.
Iām not from London, but going on the article is it possible to get a mortgage for a Ā£330,000 flat with Ā£30k down and a joint income of Ā£73k.
Even with the Ā£100k from parents for the Ā£430K that still seems a stretch ?
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@michaelw90 thank you so much for your feedback, totally see where youāre coming from and weāre really sorry about this. Youāll see weāve updated the post to change it.
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Ā£430,000 vs Ā£130,000 down = Ā£300,000 mortgage
LTV = 70%
Taking out a Ā£300,000 mortgage at 70% LTV with say Halifax (notorious for being quite friendly to first time buyers)
This it taken from Halifaxās mortgage calculator:
You require a mortgage of: Ā£300,000.00
Your monthly payments would be:
From: Ā£1,196.00 per month
To: Ā£1,272.00 per month
With a loan to value of:
69.77%
So looks pretty doable.
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