Did you know that there is a Bank of Mum & Dad? A recent report by State Custodians said that the Bank of Mum & Dad is the 5^th largest lender to first home buyers.  There are many ways this particular ‘bank’ can assist it’s lenders:

• Gifting funds for a deposit
• Allowing the use of equity in their own home to be used
• Allowing children to stay at home rent free, whilst they save

Do you have access to the Bank of Mum & Dad?  If so, it might be a good time to tee up a chat with them!