Hi all, would really appreciate some input on a situation where I haven't been able to find an answer for elsewhere.
Is there a possible solution for the following scenario, where a block of land has been purchased on a 10% deposit and a delayed settlement of 2 years. If when the time for settlement occurs the husband and wife purchasing the land have had a child and are reduced to a lower income and their serviceability has been reduced, are there any solutions if we had parents who are willing to help out? The land would be purchased for an IP.
Thanks for any help,
Is there a possible solution for the following scenario, where a block of land has been purchased on a 10% deposit and a delayed settlement of 2 years. If when the time for settlement occurs the husband and wife purchasing the land have had a child and are reduced to a lower income and their serviceability has been reduced, are there any solutions if we had parents who are willing to help out? The land would be purchased for an IP.
Thanks for any help,