Legal & General’s research on the ‘Bank of Mum and Dad’

Legal & General's research

Legal & General’s recent reports have shown the significant impact of the ‘Bank of Mum and Dad’ in helping their loved ones get a foot in the property market otherwise move up the ladder. Their recent 2017 report highlights that parents will lend an astounding £6.5 billion, resulting in the ‘Bank of Mum and Dad’ being on par with the ninth largest UK mortgage lender.

To download and read into Legal & General’s research click the link below.

Credit: Legal & General





NOTE: The views and opinions expressed here are mine and do not necessarily represent or reflect the views of Credi Pty Ltd.

Credi Pty Ltd (Credi) is not a bank, provider of legal advice or a financial lender.

Credi only provides a platform that allows friends, family and third parties to originate, negotiate and conclude loan agreements amongst themselves.

Credi does not provide legal advice, monitor or assess, agree, approve or decline any loan requests nor does the platform perform any funds transfer services.

Credi is not a law firm or legal practise, is not engaged in a legal practise and Credi does not act as lawyers or provide a legal service.

Nothing on this site should be considered is legal advice and you should consult a lawyer in your area to get specific legal advice and certainty of your legal rights and obligations.

The use of the Credi platform is governed by Credi’s Terms of Use.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *