According to Legal and General’s recently published report in 2018 the Bank of Mum and Dad will help 316,000 loved ones buy a home, an increase of 17,700 from 2017. One in four transactions in the UK are dependent on the Bank of Mum and Dad.
There have been a number of news reports in recent days commenting on MP’s calling for the Government to ‘enshrine in law’ the right for grandparents to see their grandchildren after a divorce. The issue was debated in Parliament last week and the Ministry of Justice has said it would consider the proposal.
When relationships break down emotions are heightened. In many cases the split is particularly hostile and one of the pair takes matters into their own hands by changing the locks on the family home, ‘throwing out’ their spouse and forcing them to find alternative accommodation. [Read more…] about Change the Locks and Throw Away the Key