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The burden on parents to help fúnd their children’s purchases has increased dramatically this year, effectively making the of and Dad the UK’s 10th biggest mortgage lender.

Parents will lend more than £6.5bn in 2017 – that’s up from £5bn calculated in last year’s survey for the financial services group Legal & General.

That’s just under the £6.6bn lent by Yorkshire…..(read more)

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