'Bank of mum and dad' lends £5bn a year in UK, says L&G

[DimPrawn]

Impressive. Genuinely impressive. I will be encouraging my kids to do the same.

I'm not winging. Just pointing out what is keeping a FUBAR market inflated.

Market is cheap. Money is free and heading negative. Next stop helicopter money.

Who needs BOMAD when billions will drop for the sky every day?

Tell the stoopid generation to learn a friggin trade (anything building related we are obsessed with property) or get some real skills and qualifications. Facebooks studies and advanced selfies is not a career you numpties!

[MrMarkyMark]

Impressive. Genuinely impressive. I will be encouraging my kids to do the same.

I'm not winging. Just pointing out what is keeping a FUBAR market inflated.

Please do, we are all self employed in my family/step family, apart from my mum.

We all know the market is flecked and corruption is rife, BTW.
Although, I have to ask, if you were in a better position, personally, would you care then?

[PurpleGorilla]

Please do, we are all self employed in my family/step family, apart from my mum.

We all know the market is flecked and corruption is rife, BTW.
Although, I have to ask, if you were in a better position, personally, would you care then?

thanks

Yes, I would still care, I am a loveable gorilla.

[Moose423956]

Wonder how much tax will be paid on that...'Bank of mum and dad' lends £5bn a year in UK, says L&G - BBC News

In my experience, the word "lends" should be replaced by the word "gives". I never get back any of my "loans".

[PurpleGorilla]

In my experience, the word "lends" should be replaced by the word "gives". I never get back any of my "loans".

Absolutely, absolutely.

Wonder if SueEllen will BOMAD; the cost of property in London and all.

[AtW]

Because it won't be declared?

No declaration is required.

[AtW]

Who needs BOMAD when billions will drop for the sky every day?

Banks need deposit money so that they could magically print x20 times the amount using magic of fractional banking...

[Troll]

We all know the market is flecked and corruption is rife

What is this corruption of which you speak ?

[PurpleGorilla]

'Bank of mum and dad' lends £5bn a year in UK, says L&G

No declaration is required.

Which is why millions is lost in possible taxes each day.

[PurpleGorilla]

What is this corruption of which you speak ?

Start here, and work outwards.