[Gary Andrews]

We’ve heard from you before on the pressure the current economic climate is putting on the bank of mum and dad to help our kids onto the property ladder. And we’ve been contacted by the media looking to tell this story in more depth. If you’d be interested in being featured, please leave a comment below. If your story is featured, you’ll get $350.

REQUEST 👇
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We’re looking for someone who has helped their adult children buy a house in the last few years. Whether that’s by going guarantor, reverse mortgaging your house to lend money, or lending money from your savings to help with a down payment – we want to hear from you!

You must be willing to discuss your experiences and share a photograph of yourself in exchange for a $350 gift card. For this story – you can recommend yourself or someone you know externally, regardless of where they live in Australia.

[denesr]

Our son purchased a third of our investment townhouse that we had purchased for his university duration, when he was finished uni and into a job. A couple of years later he purchased another third and then the final third. We went guarantor.
Many years later we gave him and his wife $40k for deposit on a family home

[heytoot]

we have helped all three of our adult children buy their own homes by being loan guarantors, supplementing mortgage payments and/or with direct gifts from money earned from the sale of an investment property that we purchased for them to live in while attending uni

[Author]

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