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Rules are being relaxed around borrowers using flatmates to pay their mortgage.
Previously, borrowers would need signed documentation from a flatmate contributing to the cost, but now a declaration of intent is all that’s needed.
Opes Partners Resident Economist Ed McKnight talks to Mike Hosking about what this means.
LISTEN ABOVE.
See omnystudio.com/listener for privacy information.
3.9
1212 ratings
Rules are being relaxed around borrowers using flatmates to pay their mortgage.
Previously, borrowers would need signed documentation from a flatmate contributing to the cost, but now a declaration of intent is all that’s needed.
Opes Partners Resident Economist Ed McKnight talks to Mike Hosking about what this means.
LISTEN ABOVE.
See omnystudio.com/listener for privacy information.
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