On Air Now

11 to 3 with John Dunne

11:00am - 3:00pm

  • 045 901 490
  • 0833-979797

Now Playing

Michael Buble

Haven't Met You Yet

Parents Are Gifting Children €1 Billion A Year To Purchase Homes.

Stock image: Pexels

Dowling Financial says this is fueling house price inflation.

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 fueling house price inflation.

Managing Director Michael Dowling says the value of some of the gifts is significant

:

More from National News

Stay tuned to Kfm!

Get the Kfm Apps for you phone, tablet or smart speaker...

Kfm Kildare Weather

  • Fri

    Sunny intervals

    22°C

  • Sat

    Medium-level cloud

    20°C

  • Sun

    Sunny intervals

    21°C

  • Mon

    Sunny intervals

    23°C

  • Tue

    Light rain

    20°C