Property

Generation game: Lending soars at Bank of Mum and Dad

Reading time: 2 minutes > The Bank of Mum and Dad has been branded as socially divisive and a symptom of Britain’s broken housing market as new figures reveal it is now one of the UK’s biggest mortgage lenders. Thousands of over-55s are generously gifting money as part of the Bank of Mum and Dad, using savings and even pensions…
Jen Paice
January 17, 2020

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