The Bank of Mum & Dad: One of Australia’s Biggest Mortgage Lenders | EP 22

If you're a first-time property buyer looking to get into the market, you're probably well-acquainted with one of Australia's largest mortgage lenders: The Bank of Mum & Dad.  In this episode, our team delves deep into the world of BOMAD, exploring its definition, uncovering the advantages and potential risks associated with seeking familial support, and shedding light on alternative options that are available. If you liked this episode, make sure you’ve subscribed to our channel for more in-depth discussions on property trends, Australian real estate, and actions for buyers looking to break into the property market. Hit that notification bell!    Follow us on all socials for updates, BTS and engaging discussions on property trends and market analysis.  https://linktr.ee/propertynow_co   If you found this video valuable, give it a thumbs up and share it with your friends, family, and anyone interested in property trends and Australian real estate. This podcast is brought to you by Coposit, where $10k means you can buy a brand-new home. To learn more about how it works and browse properties, head to https://www.coposit.com.au/. Data referenced in this episode was cited in an article published by The Conversation on March 14th, 2024, linked here: https://theconversation.com/the-bank-of-mum-and-dad-is-exposing-older-australians-to-the-risk-of-financial-abuse-224361  Hosted on Acast. See acast.com/privacy for more information.