Q. How does the Deposit Layby™ work?
A. The Home Buyer Information Kit (in Free Downloads section) explains the Live-In Layby™ in detail.
In addition to that document, you can also download the “Deposit Layby™ Explained for Renters and Buyers” Info Booklet.
Q. Does title transfer into our name immediately?
Q. Is the Deposit Layby™ a loan?
A. Technically the Deposit Layby™ is a credit related contract and therefore is regulated by ASIC under our Australian Credit Licence.
Essentially you will have two loans: one with your primary lender, the other with us.
If you have a specific question that is not answered above, please ask it here and submit:
Housing Heroes Pty. Ltd. ATF Housing Heroes (ABN 53 799 748 374) trading as Housing Heroes. Australian Credit License 443249