The Size and Risks of the "Bank" of Mum and Dad - Andrew Baxter

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The size and risks of the “bank” of mum and dad. Did you know the amount of money that is spent by mums and dads to help their kids out in the property market is a whopping 35 billion, and that the average gift is 100.000 dollars for a deposit? As we are approaching higher interest rates and perhaps also a fall in property prices, now is the time to talk about the nitty gritty’s and make a plan for what may be ahead.

Andrew Baxter



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