The ‘Bank of Mum & Dad’ - What Conveyancers Need to Know
Available to view from 9 Sep 2025
Added to Basket
The ‘Bank of Mum & Dad’ - What Conveyancers Need to Know
MBL Webinar Subscription
Gain 24/7 access to over 1,700 webinars.
Introduction
'Gifts and loans from the Bank of Mum & Dad totalled £9.4 billion in 2023…the amount has almost doubled since 2019' (Savills, 16.08.2024).
The 'bank of mum and dad' is now perceived to be a significant part of the lending market for property purchases, so this is an area that continues to be important and risky for conveyancers. Added into the mix is the fact that often first-time buyers are involved.
This practical webinar will look at some of the key points to consider when faced with acting for a buyer whose parents are contributing to the purchase price.
What You Will Learn
This webinar will cover the following:
- What is a gift?
- Issues with an institutional lender
- Are there any conduct issues?
- Problems with source of funds and source of wealth
- First time buyer concerns and risks
- What about the guarantor?
- Are there any alternatives?
This pre-recorded webinar will be available to view from Tuesday 9th September 2025
Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.
