If your parents have enough savings or other investments that can be liquidated, you could suggest to them to provide a gifted deposit. This involves transferring funds from the parents to the child to cover a portion of the deposit. With a gifted deposit, there is no obligation to pay back the money. Your parents may be required to sign a waiver to confirm this arrangement. Our mortgage advisors act as the middleman between the lender and yourself the borrower. We work on your behalf and in your best interests  and not the lender while offering the widest possible consumer protection. As qualified mortgage specialists its our role to search for the right and most suitable mortgage product for your circumstances, using our knowledge and expertise to find the right solution for your circumstances. Deciding to get a mortgage is one of life’s truly big decisions and its why you need the right advice to empower you to make a truly informed decision: let our mortgage advisors help you make the right choice.