The typical way the so-called “Bank of Mum and Dad” is used appears to be shifting, according to new figures that show most of the cash passed from parents to children is being used on living expenses, rather than a home deposit. The typical way the so-called “Bank of Mum and Dad” is used appears to be shifting, according to new figures that show most of the cash passed from parents to children is being used on living expenses, rather than a home deposit. Cost of Living, Economy, Inflation, Banking, Mortgages, Property Prices Latest business news
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