What parents need to know about going guarantor on a mortgage

When you become a guarantor on your kid's home loan, it means you use your home equity as extra security against their loan. This helps make their borrowing such a large sum less risky to the lender, providing your kids with the financial support needed to guarantee or back it.

Buying property? Here’s how to pay a deposit at an auction

Buying a house at auction can be an exhilarating experience. After carefully budgeting, shopping the property market, and comparing home loans, you’ve finally nabbed your dream home. But when the auctioneer waves you in to finalise the home sale, what do you do?