It found that parents and grandparents are releasing up to £114,151 to help their family to get a foothold on the property ladder.
Whilst the most popular reason for releasing equity is to pay off any remaining mortgage, a generous 6% are now helping out family members.
Looking across the South of England, residents are releasing an average of £85,593 worth of equity from their homes, an increase of £2,500 since 2015.
Retirees in London are releasing on average £114,151, while further up the coast, Northerners are releasing an average of just £50,218 – a considerably lower sum than their southern counterparts.
