Give when it matters most
If you're confident that your own retirement needs are secured by sufficient income and capital, you could use the wealth in your home to provide meaningful financial assistance to your children and grandchildren when they need it most.
The Bank of Mum and Dad
The "Bank of Mum and Dad" is now one of Australia’s most significant lenders. Whether it's to pay the deposit on a first home, clear a mortgage or invest in an education, providing a head start is a powerful legacy. The greatest return on your investment isn't financial – it’s the joy of witnessing your success transform your family's future.
First home deposit
Use your home wealth to help the next generation build theirs
Contribute to mortgage
Support your loved ones enjoy more financial freedom
Fund education costs
Relieve the burden of school or university expenses
Richard used the wealth in his home to help fund his grandchildren's education
As a former accountant, Richard was no stranger to planning ahead. He had seen firsthand how the right support at the right time could be life changing. Wanting to pass on the gift of education to his grandchildren, Richard sought a solution that allowed him to be generous today while keeping his hard-earned retirement savings untouched.
Chat with one of our Australian-based team members
From general questions to specific details about our Household Loan, our friendly team is available Monday to Friday from 9am to 5pm AEST.
How else could the wealth in your home transform retirement?
The wealth in your home can be used for a range of other purposes: to provide a regular income stream, fund home improvements or pay for medical or other care needs. However, it’s important that you can meet your own needs before you help the next generation meet theirs.
Income
Boost your regular retirement income or set aside funds for the unexpected.
Lifestyle
Home and garden renovations, a new car or meet everyday expenses.
Care
Pay medical and dental expenses, cover in-home support or aged care services.
Your questions answered
We know you have questions when it comes to using the wealth in your home to gift to your family. We've gathered answers to the most common queries to help guide you through the process.