Find out how Gransnetters helped their DC get on the property ladder

Dsd bought her council house. We weren’t in a position to help her at that point but had previously given her money for carpets and furniture when she first got the house. We plan to downsize next year and give our two older boys a deposit for a flat ds3 is still a teenager and will get the same when he is ready. Should anything happen to us, ds3 will have the right to live in the house for as long as he needs. If it’s sold he will get half and his brothers will share the other half. If I’m still living when ds3 sets up on his own I will change my will so that they get a third each.

My DH's parents gave us the deposit for our first flat in London.

As both our children were living in London we gave them the deposit for a flat. My daughter although living with her husband in Kent still has her flat opposite the Olympic Park and is earning quite a lot from it. It was ex council and she bought at the right time so has nearly paid off her mortgage.
My son bought a flat with the help of Phil and Kirsty and has just sold it for a profit and has moved to Brighton.
We had no formal arrangement although I believe my son, as he was buying with a girlfriend did have an agreement drawn up that he would keep the deposit if they split.

I should have added when I got married my Dad gave me deposit for house and paid for my wedding reception and dress.

When I got my divorce form my first husband we sold house and business and pension shared. This meant I got awarded a lot more pension for my pot. I used my half of money from house to firstly rent and then put down on another property. The money from our business I split up and set aside £30k for three deposits for my three children. I know my ex husband will not leave them anything. I have given my dd £10k money for deposit and she used it to get onto property ladder. I invested the £20k left. My two sons still live at home but when the first one wants to buy a house I shall give them half and keep the rest invested for last son. I have told them all money can only be used to buy a property not cars. They all work full time and can save for cars themselves. My dd is married with two children now and I help her to pay towards the nursery fees so she can keep her job. My second husband and I also have a property portfolio of 6 houses in UK and French house. They will each be left one house if I die first and use of French house. When second husband dies he is going to leave rest of property to my children too as he has no children of his own but has helped to bring my younger two children up with me. I have always encouraged all children to save for what they want and not to get loans unless interest free.

DS was living in a rented house with college pals and then a flat with his fiancée, he thought it would probably be a good idea to get a mortgage as paying rent in London is not cheap. We gave him a 10% deposit so that he could move quickly.
DD was relocating abroad for her job but wanted to keep her home in the UK so we paid off her mortgage, that enabled her to afford the very expensive rent in a European city.
When I married I did not have any savings because I had just qualified as a nurse, father loaned me the deposit for a tiny cottage and we paid him back with interest, my money to the DC was a gift I never expected it to be returned.

We had one of our sons and DIL to live with us for a year. They saved enough money to put down a deposit on a house, which they’ve been in for the last three years. My DIL was pregnant at the time, so it eased their stress over that as well. We’ve still got their ‘ Thank you ‘ card, which says they couldn’t have done it without this help. ?.

I will leave one of my properties to my grandson. As long as I don't have to sell one of them to pay for my elder care.

I haven't been any help to mine either. They managed by themselves to work and save and buy as cheaply as possible and gradually move up the ladder. They are not in London, I might add, and their partners all worked too.

They put off having DC in most cases too until they owned their own flat It's only our youngest who has still to get on the ladder. I would certainly give an interest free loan if they asked for help though compared to when I was their age, it costs 100 x more.

The first house we wanted to buy cost £1,700 but we didn't have enough because we couldn't get a mortgage.

Sadly I was never in a position to help my children buy a home. After a divorce I needed to help myself buy a home which two of my adult children bounced back to at different times in their lives. One has managed to buy with his partner but the other rents.
I wish it had been different I would love to say I helped but not every family has the means.