Gifting a deposit

Gifting a deposit for a home can seem simple enough but you need to consider the following: 1.Are there other siblings to think about? 2.An alternative to gifting can be

Hamish Patel

Mortgages Online

11 February 2019

Gifting a deposit for a home can seem simple enough but you need to consider the following: 1.Are there other siblings to think about? 2.An alternative to gifting can be a loan, how does this affect future claims by a spouse? Bryan Ivamy, general manager of NZ Trustee Services was kind enough to share his thoughts.

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Written by Hamish Patel

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