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Britons are borrowing more from their relations than ever before and it is causing families to fall out, new research has shown.

A study by Skipton Building Society has found nearly one in five people argue with a loved-one as a result of lending them cash.

Despite this, the survey revealed people are now owed more than £25 billion by family members, an increase of 82 per cent on the amount owed ten years ago.

It found Britons who lent money to relations felt they should have a say in how it was used, with one in 20 saying the cash had been spent "unwisely".

Jennifer Holloway, head of media relations at Skipton Building Society, said the cost of living is rising and making people increasingly reliant on borrowing from family members.

However, she warned: "The cost of relationships that suffer as a result should also be considered."

Figures collated by financial advice charity Credit Action revealed 7.5 million parents had helped adult children repay debt, with an average spend of £2,540.

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