Should Mary give her son the money to avoid stamp duty, she asks Paul Clitheroe, or put the property in her name and lose the part pension?
bank of mum and dad
20 results tagged bank of mum and dad:
Gina Rinehart has topped the AFR Rich List for the fifth consecutive year. Her $40.6 billion wealth is 40,000 times that of the average Aussie household.
Think being gifted a house deposit would solve all your problems? Borrowing from the Bank of Mum and Dad comes with its own risks.
"They work but they seem to prefer to spend their own money on holidays and eating out, then approach my wife when there are bills to be paid," Bryan tells Paul Clitheroe.
Skyrocketing rents and high living costs mean younger Aussies are staying in the family home longer. Here's how to make it work for everyone.
This week, Paul Clitheroe advises Chris and her husband who bought their single-mum daughter a house and now want her to take over the mortgage.
Looking for a high-interest savings account? Not all are created equal. Here's how to find the right one for you.
From hitting up the bank of mum and dad, to purchasing property with a friend, not having a 20% deposit doesn't have to stop you from buying a home.
After giving her two sons money to buy their first homes, Mel and her husband now want to know how they can protect the assets against possible future divorce.
Aussies who borrow money from their parents to fund a property are twice as likely to default on their mortgage within five years, experts warn.
