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Thanks for the quick response! Spoke to our broker who mentioned that borrowing 80% or less usually means genuine savings are not required.

Hi everyone, Newcomer to the forum and I am very new to the process of purchasing a property. I am based in NSW and was wondering whether the 10% deposit cheque required at the end of an auction is required to be under the purchasers name? Reason I ask is that my folks will be putting...