Mortgages 

Bank of Mum and Dad feels strain of own generosity

 Bank of Mum and Dad feels strain of own generosity

Such is its lending power that the Bank of Mum and Dad – the network of parents, grandparents, and other relatives and friends who provide financial help to homebuyers – has become the 11th largest lender in the UK. In 2019 it is expected to be responsible for nearly one in five house purchases in the UK, worth around £70bn.

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