Posts tagged with "guarantor loans"
Parents become the fifth biggest lender to first home buyers
A growing number of parents are giving their children a leg up on the property ladder as house prices continue to rise across Australia. New research by Mozo shows that almost a third of home buyers are relying on money from their parents to buy their first home. Nationally parents had contributed $65.3 billion to […]Read More
House prices keeping young adults at home
Moving out of your parents’ place is a rite of passage that comes as you come of age. But when times are tough, it’s understandable that one may delay such a move. According to the 2016 Census, 20% more 25 – 34 year olds are still living with their parents compared to 5 years ago. […]Read More
Why use a guarantor? Everything you need to know about guarantor loans
Are you struggling to save a deposit for your first home? Curious about what a guarantor is? Everything you need to know about guarantor loans, right here. If getting a 20% deposit is too tough and you do not want to pay thousands of dollars on Lender’s Mortgage Insurance (LMI), one of the most popular […]Read More