One in four adult children who have taken money from the Bank of Mum and Dad received more than £10,000, new research shows.
While some used the cash to help them get on the property ladder, more adults are getting parental help with their day to day expenses according to the research from savings app, Spring.
Of the 2,001 adults polled, 15 per cent said they lean on their parents for financial support.
The average amount received, whether as a lump sum or over time, was £11,241.
While a third received between £1,000 and £4,999, 18 per cent say they got between £5,000 and £9,999.
