‘Bank of Mum and Dad’ is still relevant – fatal accident claim valuing £200,000 reflects this
In an era of apparently ever-increasing property prices, many young people rely on the so-called ‘bank of mum and dad’ to help buy their first homes. In a ground-breaking decision, the High Court took that into account in awarding the three dependent sons of a road accident victim more than £200,000 in damages. Our Trainee…