With housing prices at historic levels and interest rates stubbornly high, it’s become increasingly difficult for young people to get their toe into the housing market. Is it worth their parents putting their hands in their pockets to help out? Bartons Director Adam McCann explores the issue with Matt Baczyk, Head of Bartons Medical Division and Teresa Reid, Finance Broker from Bartons Lending Services.

Parents can assist their children through methods like gifting money, providing loans, or acting as guarantors, but there are legal and financial implications. They also examine government incentives, including the First Home Owners Grant and stamp duty concessions. Parents considering support should assess their financial security and retirement plans.

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