Bank of Mum and Dad: the key to the UK's housing market recovery?

The Bank of Mum and Dad is set to lend £3.49bn to loved ones in 2020, almost half of what it lent last year (£6.26bn). However, with a quarter (24%) of home buyers now more reliant on BoMaD than they were before the pandemic, will the Bank of Mum and Dad become a key driving force behind the UK's post-COVID-19 recovery?