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:
Fresh Flooding Fears & Wicklow Council Update - New Yellow Rain Alert Kicks In At Midnight
A Status Yellow rain warning has been issued for the East and South - even small additional rainfall could trigger flooding on already saturated ground.
Two Wicklow Post-Primary Schools Get Funds To Extend
Both Coláiste Chraobh Abhann in Kilcoole and Blessington Community College are included for in the Department of Education Capital Plan.
Community Hub and Rest Centre Set Up In Aughrim
The Pavilion in Aughrim has overnight accommodation if required.
Emergency Funds Available For Wicklow Households Hit By Storm Chandra
Emergency payments are not income tested and cover immediate essentials like food, clothing and bedding.
Storm Chandra: Yellow Weather Warnings for Wicklow
Duvet Day? Prepare for heavy rain and strong winds across the county from Monday night.
Heavy rain shower
High: 8°C | Low: 7°C
Light rain shower
High: 8°C | Low: 7°C
Heavy rain shower
High: 9°C | Low: 6°C
Sunny intervals
High: 9°C | Low: 6°C
Light rain shower
High: 9°C | Low: 6°C
