The real estate market can be tough for young adults, but as a parent you may be able to lend a helping hand. We tell you how. 1. Parent-to-child loan A parent-to-child loan is when a parent lends their child money. This is a formal, legally binding arrangement, administered by an independent third party. At the start of the loan period, both parties agree to terms including repayment amounts, a schedule and a process to manage defaults. Benefits: You can set generous terms f
It can be tempting to stay in your home when you’re renovating, rather than spending money on rent. But is it really a good idea? Consider the pros and cons before you make a decision. Advantages of staying in your home
You’ll keep your creature comforts and sleep at the same address, but what are the real advantages of living in the middle of a renovation? Save money
The expense of moving out of your home while you renovate can be significant. You may also need to rent ano
Our over-eager abundance of aspirational genes is on high alert when someone begins to talk about the plush property sector and the lavish inclusions that come with spending an extraordinary amount of dosh on the world’s finest real estate.
For example, in 1984, smash hit US show Lifestyle of the Rich and Famous was filled to the brim with eye candy real estate that caused viewers to cry champagne tears. More recently across the pond, the Candy Brothers of London were drivi
When people buy property together, particularly if it’s with a partner or spouse, they often register the title in both people’s names – especially if they’re going to live in the property. But other arrangements are possible, several friends might opt to own individual shares in a property, for example, or a couple might choose to have only one of their names on an investment property title. The following information provides you with a good starting point to help you on you
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy has strengthened over the past year. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. The Chinese economy continues to grow solidly, with the authorities paying increased attention to the risks in the financial sector and the sustainability of growth. Globally, inflation remains low, although it has increased in some ec