Hi Matt. Please discuss the scenario with your accountant. Regarding lending, the answer will depend on the loan size and your affordability. Affordability again varies with lender. For the same income, loan amount can vary. So my suggestion is first discuss options with your account and then discuss options with one the Hashching brokers.
Hi Matt, while I'm not a financial advisor and your request seems to fall in the area of financial advice where a qualified Financial planner can give you proper advice. In other to borrow money from a bank you need to demonstrate income. Being on a government pension I highly doubt you can demonstrate servicing. With the inheritance, if you are not within the threshold of drawing on your super, you cannot use simply take out your super and throw into a family trust. You might be confusing a Self managed superfund. I highly suggest you speak to a financial planner and an accountant to gain proper advice before you even consult a broker to place a lender for your next loan.
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Ram Prasad
Hi Matt When you say, you would like a family trust, throw your inheritance into the super and then borrow using super as collateral, I think you are looking at SMSF (self managed super fund). Hence you need financial advice. SMSF's are expensive to set up and run. Before you can buy a property you will have to collect some money for a deposit. The amount you can borrow will vary from lender to lender.