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:
Study Reveals Wicklow Is Struggling With EV Charging Infrastructure
Wicklow In Top Five Counties For Hardest Workers In National Index
Status Orange Alert: Wind, Flooding and Hazardous Travelling Conditions Expected in Wicklow
Extra Care Urged as Heavy Rain Brings Flood Risk
Over €1 Million Secured For Outdoor Recreation Projects In Wicklow