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  • The bank of mum and dad lends billions a year
  • The bank of mum and dad lends billions a year
    Vladimir Pustovit (2014) ©
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The bank of mum and dad lends billions a year

They may have degrees, great jobs and decent wages, but many young people in Britain are still relying on mum and dad when it comes to buying a home of their own. In fact, lending from parents to help their children get on the property ladder will amount to £5 billion in 2016.

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