64% of parents whose adult children own a home have given them help onto the property ladder. A further 10% of parents said that while they did not contribute to their children's house deposit themselves, other relatives did.
Zoopla's research shows that parents forked out an average £32,440 to put towards their children's house deposit. A further 14% of parents gave their children more than £50,000. 11% of parents paid the entire deposit for a new home and 4% went one step further and actually bought a home for their children mortgage free.
The research was carried out among Zoopla users, nearly 1,100 of whom were parents to grown-up children.