August 14, 2022

Loans

Its All About The Money

How Could Your Parents Help You to Buy Your First Home 🏠

15 min read

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So you’re looking to buy a place and hoping your parents might tip in? There are absolutely options and ways to structure that, that 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.

👉 Book a call with a UNO broker today Book a call today https://buff.ly/3uHVmN9

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UNO Home Loans is Australia’s #1 Online Mortgage Broker. We have brokers all across Australia who are able to help Australians buy their first home, buy their next home, buy an investment property or refinance their home loan. Our online mortgage brokers are supported by our customer care team who make the home loan application process fast and easier. Our online mortgage broker technology has won design awards and helps Australians who want home loan advice and expertise and to get the best deal for their circumstances. UNO provides online tools, calculators and articles that help Australians understand their borrowing power, calculate their stamp duty and understand the process of buying their first home, buying their next home or refinancing a home loan. For Australians who want to research property values as part of their first property purchase or next property purchase we provide a free online property research tool that lets you look at how property prices, house prices and unit prices have changed over the last 12 months by state, suburb or postcode.

UNO provides home loans from over 20 lenders including Commonwealth Bank, Westpac, ANZ, National Australia Bank, Adelaide Bank, ING Bank, Suncorp, Bankwest, Resimac, Bluestone, Macquarie Bank, La Trobe, Pepper Money and ubank

Start your long-term relationship with UNO online via our online application or book in a time with our Customer Care Team to review your objectives and options.

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Source: uno Home Loans

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