​In part one of the Bank of Mum and Dad we discussed the mechanics of using equity in the family home to assist your children in gaining a mortgage and entering the property market. If you missed Part one please review our blog posts “The bank of Mum and Dad” found on the MCS Buyers website. 

This week, we’re going to explore the workings of the expression, “The Bank of Mum and Dad” to understand what it means, the potential positive advantages and red flag potential dangers in going down this path.