Because of the Reserve Bank’s loan-to-value requirements, most home buyers must now have a 20% deposit. Given rising property prices first home buyers struggle with this. Parents are sometimes asked to help out, either by giving a guarantee to the children’s bank (usually secured by a mortgage over the parent’s home) or by a loan … Continue reading HELPING YOUR KIDS ONTO THE PROPERTY LADDER – A GUARANTEE, LOAN OR GIFT? IT REALLY DOES MAKE A DIFFERENCE. Atticus Legal, Property Lawyers Hamilton