Quarter of Adults Receive Over £10,000 from Parents, Often for Daily Expenses

Personal Finance

10 August 2026 at 12:14 pm

Quarter of Adults Receive Over £10,000 from Parents, Often for Daily Expenses

HyperFast News

Summary

A quarter of adults receiving financial help from their parents, dubbed the 'Bank of Mum and Dad,' are getting over £10,000, with more now using the funds for daily expenses rather than property.

Select what you want to create

Turn this story into an image post, carousel, video, audio reel, blog, and more — all from HyperFast News.

FAQ

Newsroom FAQs

About the public HyperFast News news feed powered by NewsEngine.