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Bank of mum and dad has growing influence on UK property market

Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
Staff member
Premium Member
A report by Legal and General in conjunction with Cebr has highlighted the growing influence that parents have upon the UK property market. The research shows that a phenomenal £5 billion a year is received by offspring from their grandparents and parents. To put this in perspective, this £5 billion worth of finance allows the

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