Parents of young adults looking to get their first property may have to contribute up to £24,000 to make the dream possible, according to a new survey from the Joseph Rowntree Foundation.
Driving the issue are rampant house prices.
The national average house price of £160,000 now means those aged between 18 to 29 are finding it increasingly impossible to afford a mortgage.
Half the parents of people in that age range say they do not think their children can afford a home without support, the Foundation reports.
Most parents willing to lend a financial hand are also willing to forgive the debt, the research adds.
That still leaves about half of parents surveyed saying they either cannot afford to offer financial help, or are not willing to do so in the matter of home buying.
Despite possibly benefiting from steep house price inflation themselves, the research suggests that higher house prices are not all good news.IFAonline
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