Search found 3 matches

by Jarvis
Mon Jul 01, 2019 7:58 pm
Forum: Home Loan Forum
Topic: What are the new changes to guarantor home loans under the new banking code?
Replies: 5
Views: 2911

Re: What are the new changes to guarantor home loans under the new banking code?

That’s great but what if we want to sell our current house when we retire seeing in five to six years? Can you sell the house if it’s under guarantee?
by Jarvis
Mon Jul 01, 2019 6:58 pm
Forum: Home Loan Forum
Topic: What are the new changes to guarantor home loans under the new banking code?
Replies: 5
Views: 2911

Re: What are the new changes to guarantor home loans under the new banking code?

To be fair, they are financially responsible and I just wanted to be sure. Are there any other changes to home loan in general under the new banking code?
by Jarvis
Mon Jul 01, 2019 5:32 pm
Forum: Home Loan Forum
Topic: What are the new changes to guarantor home loans under the new banking code?
Replies: 5
Views: 2911

What are the new changes to guarantor home loans under the new banking code?

Hi, our daughter has asked us to be the guarantor for her home loan however, we’re not quite sure what it entails. We own our home outright, in fact, it’s the same house she grew up in. I have a couple of concerns and questions. First, What can I do to protect myself? Are there any protections for g...