1. EachPod

Australia's Biggest Lender: The Bank of Mum & Dad

Author
It's Simple Finance
Published
Wed 04 Dec 2024
Episode Link
None

Welcome It's Simple broker, Anthony Fontana, to the Finance Show with Joe!

Tackling today's challenging homeownership landscape, we explore how the "Bank of Mum and Dad" is reshaping the property market. Discover strategic financial solutions like guarantor loans and the First Home Guarantee that are helping families overcome housing affordability issues. With expert advice on navigating lending options from institutions like First Mac and Macquarie, we underscore the importance of diverse financial planning and consultation.

We wrap up with a focus on the benefits of starting early in property investment. Learn how time in the market can lead to significant growth and how regions like Newcastle and Adelaide offer promising opportunities. Anthony shares his advice for maximizing borrowing capacity through investment properties, while parents and young adults gain practical tips for leveraging support and building solid financial habits. 

Follow us for more property news and mortgage advice!

▸Website - https://itssimple.com.au
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▸LinkedIn - https://www.linkedin.com/company/itssimple/


DISCLAIMER This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs before acting on it.

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