The Bank of Mum and Dad As house prices continue to rise faster than our salaries, it's becoming increasingly difficult for First Home Buyers to "go it alone" and purchase their first home. With the average time to save a 20% deposit blowing out to 14years, young home buyers need all the assistance they can get. Fortunately for some, BOMAD ( Bank of Mum and Dad ) is there to help. According to recent data, 1 in 5 First Home Buyers have sought assistance from their parents in