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

Source: www.legalandgeneral.com

 

 

 

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