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Evening Standard
Evening Standard
Vicky Shaw

54% of parents ‘return rent paid by adult children to help them save a deposit’

More than half of parents who charge their adult children rent are putting some or all of the money towards helping their child save to buy their own home, a survey indicates.

Parents charge their adult children living at home around £303 per month on average in rent, equating to more than £3,630 a year, Nationwide Building Society said.

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