Ways to help kids onto property ladder

Cape Town - There are two main ways parents can help their children become property owners at an earlier age, according to Bill Rawson, chair of the Rawson Property Group.

The first is to sign as surety for your child’s bond. This can help them qualify for a much larger bond than they otherwise would have been able to access, as their income will be added. He cautioned that this option does come with a lot of risk, which isn’t ideal.

The less risky option would be a parent-to-child loan.