Dozens of health insurers are lobbying the government to allow children to stay on their parents' insurance until 30, so what does the Bank of Mum and Dad have to say?
bank of mum and dad
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So you've helped out one of your children with a house deposit or private school fees for the grandkids, but how do you make things equal with your other kids?
The bank of mum and dad is under threat, with some banks refusing to lend to borrowers who have been gifted a chunk of their deposit.
As many as one in three parents give children a home deposit, and some lie to lenders about whether this money is a loan or a gift. This is dangerous.
