Topic: Bank of Mum and Dad

First-time Buyer
Bank of Mum & Dad paid out £9.6 billion in gifts and loans in 2024

First-time Buyer
Fewer first-time buyers securing deposits from the Bank of Mum and Dad

Mortgages
Bank of Mum and Dad now funding over 10% of buyer deposits

First-time Buyer
Bank of Mum and Dad going to greater lengths to help first-time buyers

Later Life
Bank of Mum and Dad flips as over half of adult children set to financially support parents
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Santander
Santander to acquire TSB in £2.65bn deal

Bank Of England
Bank of England issues first-of-its-kind fine of £11.9m

Lloyds
Lloyds sets aside extra £4bn for high-LTI mortgage lending

Regulation
Lenders urged to prepare for court ruling on commissions as motor finance complaints surge

Financial Conduct Authority
FCA moves ahead with targeted support in 'transformational' advice reforms

Mortgages
FCA and PRA remove 15% LTI cap for mortgage lenders
