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bank of mum and dad

28 results tagged bank of mum and dad:

Want to use this trick to help your kids buy property? Think again

SMSFs are known for letting you invest in just about anything, but don't think you can this means you can buy a house for your kids under the guise of an investment.

Ask Paul: I’m desperate to go caravanning, should I sell my house to pay for it?

Lou is desperate to go caravanning with her dogs and is considering selling the house to pay for her adventure, but Paul Clitheroe has a different suggestion.

How I accidentally became the Bank of Mum and Dad

If you were told, as a teenager, that you would grow up to open your own bank, you'd probably start picturing mansions and Maseratis.

What to do when your adult kids won’t move out

What can you do when your grown kids say they are living at home to save money but instead have great wardrobes and take expensive holidays?

Should you be able to stay on your parents’ health cover till 30?

Dozens of health insurers are lobbying the government to allow children to stay on their parents' insurance until 30, so what does the Bank of Mum and Dad have to say?

How to avoid playing financial favourites with your kids

So you've helped out one of your children with a house deposit or private school fees for the grandkids, but how do you make things equal with your other kids?

Borrowing from bank of Mum and Dad could kill home loan application

The bank of mum and dad is under threat, with some banks refusing to lend to borrowers who have been gifted a chunk of their deposit.

Why it’s risky to give your kids a house deposit

As many as one in three parents give children a home deposit, and some lie to lenders about whether this money is a loan or a gift. This is dangerous.
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