Notices

  • Savings products - In preparation of the launch of our new and improved Online Service we have temporarily withdrawn online applications for all our savings products. You can still apply for these products by post or in branch. All savings products will be available to apply online from 12 May. We apologise for any inconvenience this may cause.

  • We’ll shortly be making some changes to our Online Service to make it simpler and easier for you to use.  

    Our new Online Service will have a modern design, improved navigation and many added benefits.  

    Find out more about the changes

  • Mortgage products - On Wednesday 23 April, we made changes to our mortgage product range. These include rate adjustments across our fixed rate products, and an increase to our Owner Occupier Joint Borrower Sole Proprietor maximum LTV to up to 90% (with no additional security required) for loans up to £500,000.

  • Online Service update. Due to planned essential maintenance our Online Service will be unavailable from 6pm until 12am on Wednesday 7 May. Our Online Service will also be unavailable between 5.30pm on Friday 9 May until 9am on Monday 12 May. We apologise for any inconvenience this may cause.


Conversation guide

How do families first approach the often difficult and tricky conversation of financial assistance for home buying?

Our research found that one of the biggest issues faced by a family is that the financial arrangement isn't documented and the exact terms of the financial support aren't clear.

Our simple guide can help both parents and adult children during these difficult discussions.

The guide covers:

  • Key points to help with the conversation

  • How to prepare for the discussion

  • Key questions and topics that need to be considered, along with space to write down what decision has been made and how both parties will proceed

  • Things to consider moving forward.

To find out more read our guide 'Bank of Mum an Dad - A conversation guide'.

     

     

     

     

     

     

BOMAD image conversation guide

How to run the Bank of Mum and Dad

Our definitive guide on 'How to run the Bank of Mum and Dad' shows how it works and important things to consider.

Read our guide