Parents are gifting their children an estimated 1 billion euro a year to purchase homes
, according to a mortgage broker.
Dowling Financial claims the 'bank of mum and dad' is dangerously fuelling house price inflation.
Managing Director Michael Dowling says the value of some of the gifts is significant:
Wicklow Graduates Among Those On ESB’s Award-Winning Programme
Millions Allocated To Regenerate Town Life in Co. Wicklow
Radio Backing Irish Artists Through Irish Music Month
Significant Rail Disruption For Wicklow Passengers This Weekend
Simon Harris Commits to Four Years of Income Tax Relief