
The ‘Bank of Mum & Dad’ continues to grow, in fact, new research shows that if it were actually a bank or building society, it would make it into the top 10 largest mortgage lenders in the UK.
The research, from Legal & General, shows just how vital ‘the Bank of Mum & Dad’ is to the UK housing market.
According to the findings, it will lend over £6 billion in 2016, providing the deposits for over 300,000 mortgages and help ‘traditional’ banks ...