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.
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https://credi.com/wp-content/uploads/2018/05/pounds.png368552Credi Teamhttps://credi.com/wp-content/uploads/2019/05/credi-logo-1d.pngCredi Team2018-05-30 09:43:462018-05-30 09:48:40‘Bank of Mum and Dad’ - equal to £5.7bn mortgage lender