Published in industry magazine, Mortgage Solutions, the Mori poll has found that the average parent when asked to help their child onto the property ladder is "lending" their child over £17,000 to purchase a home.
Our view
The problem is that people today are in too much of a rush to get on the property ladder.
Those same parents and grandparents had to struggle in the fifties, sixties and early seventies and save for a few years to get a deposit together, so why should not the new buyers of today do the same?
Even though we all love our children, this is consumerism gone mad. Is it not a valuable lesson to teach our children to save?