Posts Tagged ‘Parent Assisted Home Loan’
Making a decision to gift or lend money to your child for deposit
Navigating the journey to homeownership can be a challenging adventure, particularly for young adults stepping onto the property ladder for the first time. For parents, watching a child prepare to take this significant step is a proud moment, and many are eager to offer support. In this blog, we cover practical ways parents can…
Read MoreHow can I come up with a house deposit?
It’s tough out there in the current property market if you’re a first home buyer wanting to take that giant leap to get on the property ladder. Every dollar counts though, and to put this into perspective, for every $1,000 you have in deposit, this could add $10,000 to $20,000 to your overall purchase…
Read MoreHow parents can assist their children with little or no deposit to buy a house.
With house prices being so high, it can be difficult for first home buyers to save up enough deposit to meet the bank’s minimum deposit requirements. In many cases, the property prices are increasing at a rate far greater than the rate the first home buyer is able to save. This is where a…
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