It has been reported that the Bank of Mum and Dad are now the 11th largest mortgage lender in the UK. 

Despite this the Bank of Mum and Dad are often stretching themselves too far and this is having a detrimental effect on their financial situation. It is natural to want to help, but you must ensure that you take advice and review your financial plan. Here at Hedges we encourage families to have important conversations, and this can be one of the hardest conversations to have. It can be difficult but it's important to "break the stigma around money"

Before you decide to help your children to buy a house ensure you take financial advice.