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.
Should I keep waiting on the central bank forever
Following the OCR cuts majority of banks reacted by mostly passing on the .5% to the floating rates. The fixed rates however received less love.
