Research suggests that ‘Bank of Mum and Dad’ will be behind more than one in four home purchases. As cash-poor children fail to find £18,000 deposit. Parents are starting to feel the strain as the average contribution has fallen from £21,600 last year to a projected £18,000 in 2018.
Seamlessly managing your loan agreements avoiding potential disputes. Create loan agreements in under 5 minutes with friends, family or colleagues. Notifications are automatically sent to the borrower when repayments are overdue, forgiven, cleared or failed. Sign up for Credi.
https://credi.com/wp-content/uploads/2018/05/pounds.png368552Kate Khttps://credi.com/wp-content/uploads/2019/05/credi-logo-1d.pngKate K2018-05-30 09:43:462018-05-30 09:48:40‘Bank of Mum and Dad’ - equal to £5.7bn mortgage lender