Relying on the bank of mum and dad

  • When Vicki and Mike Crosby’s daughter and her partner started looking for a house, Mum and Dad put up their hands to help.

The couple had assets and were willing to use them – they had worked overseas for 21 years and bought two rental properties as well as their home in Torbay.

And Vicki, who has worked in real estate, had the expertise and the passion. “It’s a concern that your children are being locked out of the market,” she says.

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