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What does the Bank of Mum and Dad need to consider?


28th October 2020


Economy, General News, Perspective News

With house prices still beyond the reach of many, the Bank of Mum and Dad (or BOMAD) is often being asked to step in on a regular basis to help their adult children with their financial commitments. There is also a growing expectation of redundancies, resulting from the ongoing impact and restrictions associated with Covid-19, therefore BOMAD may be called upon for additional financial support.


Read the full article here