Extended families Home | News Release | Issues and possible solutions
The days of the extended family are set to make a comeback, as pension under-funding, the spiralling cost of residential care and pressures facing first time buyers create a need for three generations to pool their resources and live under the same roof. Findings from our latest research predict that the number of these ‘extended financial families' will treble over the next 20 years, to around 200,000.
But there are steps you can take to plan ahead to ease these pressures, or even to help you make the most of your finances if you're already in this situation - ask at your nearest Skipton branch or take a look at the following sections...