The lease on the flat our son and his then girlfriend had was coming up for renewal.They were looking to move somewhere cheaper and save for a house deposit for a couple of years. (Moving in with either set of parents wasn't an option as they'd both moved away and had jobs they couldn't transfer from.) They were also trying to save for a wedding.
Mr GB had a pension mature, so we decided to give them £10,000 towards their deposit. As housing where they live is cheaper, that was closer to the 10% deposit they needed with their £4/5K savings already.
This meant instead of looking for a place to rent, they looked for a place to buy. They've been very settled in a lovely 3 bed semi in a nice area with a huge garden (Corner plot) for 4 years+ now.
It also meant they could afford a wedding earlier too.
The house our daughter and SIL bought was getting very crowded as 2 of the DGC were teenagers. Plus it was an older property with some problems. We gave them £15K, also out of the pension pot, for renovations.
They made the only bathroom a separate loo and bathroom, cutting down on some morning problems, then looked at things like soffits, guttering, leaky roof.
We decided to give them the money now, when they really need it, rather than waiting for it to be their inheritance. Plus we get to see them more settled.
We have no mortgage and enough to live on - the product of frugal habits developed when poverty-stricken newly-weds continuing, LOL,
One of our favourite sayings, "Thrifty 'til 50, then spend 'til the end!"