Benefits of Using PASS

For Parents...

Helping your son/daughter buy their first home.

Reducing your savings at the bank to avoid potential losses due to banking collapses.

Potentially reducing tax liabilities.

Helping your son/daughter by allowing them to have reduced monthly costs.

Helping your son/daughter move out of your home!

Allowing your son/daughter to take advantage of the reduced house prices and low interest rates.

For Offspring...

Having a bigger deposit and therefore wider choice of mortgage.

Having a bigger deposit and therefore low mortgage repayments.

Buying a home becomes affordable!

Buying is percieved as being cheaper than renting (with reduced house prices and reduced interest rates).

Allows you to move out from your parents home!