The Bank of Mum and Dad is one of the top mortgage lenders – and so it should be

According to a new study by Legal & General, the Bank of Mum and Dad is “one of the biggest mortgage lenders” in the UK. This finding has renewed concerns over whether parents will have adequate living standards in retirement. Melissa Bui, IF Junior Researcher, explains why, with the exception of poorer “lenders”, these types… Read more »