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  1. Brady

    next property

    You would need to wait until you can advise the bank of your new living arrangements. If you have moved back home that fine. But you won't be able to do that for 6 months due to FHOG. Once the 6 months is up you can move home or where ever and a rental appraisal should be sufficient, you won't...
  2. Brady

    next property

    Haha yes living at home bit of a moot point as to why would need a rental letter if it's going to be PPOR. Can't have your cake and eat it too :) If it's going to be a PPOR claim FHOG and live in it for 6months, would be a bit much to also want to have the expected rental income taken...
  3. Brady

    next property

    It's case by base and not really your decision to make. Some people live that way, only have roommates. Some people stay at home for a long time. I have client who in the process of setting up equity for his 4th property purchase he's nearly 50 lives with his sister and there family. Sister...
  4. Brady

    next property

    Letter would be fine, confirms that you don't have rental/board expense. Could use rental apprasial from REA or rental amount on valuation. Don't have to wait until you have a rental statement or lease agreement.
  5. Brady

    next property

    Not all lenders have to account for nominal rental/board. If he isn't paying anything at home CBA will accept a letter from parents confirming that applicant resides in their property and does not pay any rent or board.​
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