Until the proposed bright-line changes are passed into law, our advice to you is get legal advice before you put your property on the market, so you don’t get caught out.
The ‘Bank of Mum and Dad’ (BOMD) is now the fifth largest lender in New Zealand, but what happens if it all goes pear shaped and your kid’s relationship breaks down?
Dreaming of moving into a retirement village but the unknown costs are putting you off? Well, some big changes could be coming for the retirement village industry to make things fairer for all residents.