Parents warned against costly mistakes when helping adult children buy homes
Financial advisers caution parents about pitfalls when providing money to help grown children purchase property.
Parents who want to help their adult children with house deposits need to be careful about how they structure the financial assistance. Without proper planning, supporting children's home purchases can create unexpected burdens. The key is understanding what mistakes to avoid when investing in your children's future housing.
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What outlets are saying
Stuff
Helping your child buy a house? Don’t make this costly mistake
If we’re in a position to do it, a lot of us like the idea of helping our grown-up kids with their house deposit.
NZ Herald
Hannah McQueen: The costly mistakes parents make when financially helping adult children
OPINION: Without proper planning, investing in your children's future can become a burden.