The “bank of mum and dad” forked out an average of £3987.22 to help their offspring, rising 29% from £3079.91 the previous year, the Bank of Scotland found.
Research also showed a rise in children aged between 18 and 24 taking a loan from their parents from a quarter in 2015 to over a third (34%) last year.
Fewer offspring aged 25-34 borrowed from their parents, down from almost two-fifths (39%) in 2015 to a third in 2016.