Vincent Turner
Transcript
So you're looking to buy a place and hoping your parents might tip in? There are absolutely options and ways to structure that, which can be beneficial to you and not too much of a risk for your parents, but it really is important to involve them in the process early on. Quite often we see a child or children who come to buy a place and they're looking to get help from their parents, and they're really not bringing the parents on the journey early so that the parents can step through the options, understand the pros and cons of either gifting you some money, giving you some money on a short term loan, or even using an existing property via what's called a "family pledge product". So if you're planning to buy a property and you're looking to enlist your parents' help, make sure you get them involved early, make sure you're bringing a UNO broker who can help you sort of step through the options and what the pros and cons of each are.
Learn more about how your parents can help you buy your first home
There are options and ways to structure a payment plan. Book a time to chat with a UNO broker using the booking tool below
Further reading about home loan and property topics
Getting more educated on home loans and key topics within the property buying and ownership journey makes a lot of sense. We have created this set of guides to address the main topics that UNO customers typically want to learn more about
Guide to buying your first home
https://unohomeloans.com.au/first-home-buyer/
Guide to buying your next home
https://unohomeloans.com.au/buying-a-house/
Guide on buying an investment property
https://unohomeloans.com.au/investing/
Start Online Application
Ready to Purchase or Refinance right now, then start online using the links below
Online Application for Purchase
https://app.unohomeloans.com.au/new-loan
Online Application for Refinance
