The Bank of Mum and Dad

Dec 14, 2018 6:56:00 AM

Many parents decide to help their children onto the property ladder; so much so that the Bank of Mum and Dad is now recognized as the fifth biggest lender in Australia. While providing a guarantee or even dipping into your own property’s equity to gift your children the money is commendable, it’s also a big commitment and not without risk. If you are considering doing this, here are four questions you need to ask yourself.


Read more

Topics: Mortgage Broker, Australia Mortgage, Lenders, Home Loan Advice, Home loan rates, Buying property in Australia, Bank of mum and dad, Guarantor, Investing in Property