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Savings customers - interest rates on many of our variable rate savings products will be decreasing from 29 January. We have emailed or written to you to let you know of how these interest rate decreases affect you. See our variable savings rate changes
- UK Landlords - The Renters’ Rights Bill, introduced in September 2024, received Royal Assent on 27 October 2025 and is now law as the Renters’ Rights Act. Read more about what to expect.
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Our Market Tracker Cash ISA (2) paying 4.03% AER is now back on sale. Find out more
Bank of Mum and Dad research and guides
Helping loved ones onto the property ladder? Know the rules for both your own financial protection and peace of mind.Bank of Mum and Dad
It's now quite common for young people, and particularly first time buyers, to receive a contribution from parents or other family members to help with a house purchase. With the need to provide ever increasing deposits, the Bank of Mum and Dad is now
busier than ever.
The Bank of Mum and Dad is one of the UK's biggest mortgage lenders but how does it really work? It’s essential that parents and their children know what they are doing and what everyone's
responsibilities are regarding when, how and indeed if repayments are to be made.
We have produced a range of simple guides covering key topics and important things families need to consider.
Family assisted mortgages
We offer a number of family assisted mortgage products for those needing extra or family help to get onto the property ladder.
Our Bank of Mum and Dad research
We carried out some research with our members, in conjunction with the London School of Economics, to look at how families approach parental help when buying a property, and their experiences during this process.
The report looks at how families make these often difficult decisions, how they provide financial assistance and the issues that arise before and during the arrangement.
Find out more about our research.
How to run the Bank of Mum and Dad
Building on this real world experience, this led us to produce the definitive guide on 'How to run the Bank of Mum and Dad' which shows how it works and the important things families need to consider.
Our guide covers topics such as:
- Fairness
- Misunderstandings and misgivings
- Taking advice
- Having more than one child
- Relationship breakdowns
- Personal circumstances and what the future holds.
Read our brochure.
Frequently asked questions
Find answers to some of the most common asked when helping your loved ones onto the property ladder. Read our FAQs.
Bank of Mum and Dad support guides
We have produced a range of simple guides that can help families through every step on lending to their loved ones:
- Legal and Financial consideration guide
There are numerous financial considerations and legal implications that families should be aware of when providing financial assistance. This guide highlights important things you need to consider before opening the Bank of Mum and Dad. Read our guide.
- Conversation guide
Talking about money can be difficult. Here's we highlight important questions and topics to help tackle that tricky conversation of financial assistance. Read our guide.