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-Bank of Scotland-Kids are borrowing more from Bank of Mum and Dad but fewer expect to pay family back

Last year, Bank of Mum and Dad loaned almost a third (29%) more money to their children compared to 2015, Bank of Scotland's latest How Scotland Lives research has found.

Parents forked out on average GBP3,987.22 to help their children financially in 2016, rising from GBP3,079.91 the previous year.

There was an increase in children aged 18-24 taking a loan from Bank of Mum and Dad, rising from a quarter in 2015, to over a third (34%) in 2016. In contrast however, less children aged 2

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